Regulation of Railways Act, 1868

Extension of scope of 27 & 28 Vict. c. 120.

8 & 9 Vict. c. 16.

38. The Railway Companies Powers Act, 1864, shall take effect and apply in the following cases in the same manner as if they were specified in section three of that Act; (that is to say,)

Where a company desire to make new provisions, or to alter any of the provisions of their special Act, or of the Companies Clauses Consolidation Act, 1845, so far as it is incorporated therewith, with respect to all or any of the matters following; namely,

(a.) The general meetings of the Company, and the exercise of the right of voting by the shareholders:

(b.) The appointment, number, and rotation of directors;

(c.) The powers of directors:

(d.) The proceedings and liabilities of directors:

(e.) The appointment and duties of auditors.