Midland Great Western Railway Act 1849

Treasury to appoint Auditors of Company’s Accounts.

X. And be it enacted, That the Commissioners of Her Majesty’s Treasury, during such Period as any Principal or Interest Monies shall remain unpaid in respect of the Securities to be given to the said Public Works Loan Commissioners as aforesaid, shall and they are hereby authorized and required from Time to Time to appoint a fit and proper Person or fit and proper Persons (not exceeding Three in Number) to audit the Accounts of the said Railway Company, and to make Certificates in pursuance of the Directions herein-after contained; and that it shall and may be lawful to and for the said Commissioners of Her Majesty’s Treasury during such Period as aforesaid from Time to Time to revoke the Appointment of such Auditor or Auditors, or any of them, and such Auditor or Auditors from Time to Time to remove, and his or their Powers and Authorities to revoke, and any other Person or Persons in the Place of such Person or Persons so displaced, or of any Person dying, to appoint with the same Powers or Authorities, and the said Railway Company shall pay to each of the Persons so appointed such a Sum for his Trouble in making such Audit as the said Commissioners of Her Majesty’s Treasury shall from Time to Time fix and determine.