Railways Act, 1933

Qualification of directors.

8.—From the appointed day for the ordinary stock of the Company until the next annual election, within the meaning of the foregoing section, sub-section (3) of section 34 of the Great Southern Railways Amalgamation Scheme, 1925 shall apply to directors of the Company subject to the modification that the reference to £2,000 contained therein be construed as a reference to £200, and from and after the said next annual election shall apply to such directors subject to the modification that the said reference to £2,000 be construed as a reference to £1,000.