Railways Act, 1924

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Submission of proposed conditions.

40.—Within six months from the passing of this Act, or within such further time as the railway tribunal may permit, the amalgamating companies shall submit to, and publish in such manner as may be prescribed by the railway tribunal—

(a) the terms and conditions (hereinafter called “company's risk conditions”) on and subject to which merchandise other than live stock, and live stock, will respectively be carried if carried at ordinary rates;

(b) the terms and conditions (hereinafter called “owner's risk conditions”) on and subject to which merchandise other than live stock, and subject as hereinafter provided, live stock, will respectively be carried if carried at owner's risk rates;

(c) the terms and conditions on and subject to which damageable goods not properly protected by packing will be carried.