Railways Act, 1924

New exceptional rates.

35.—(1) On and after the appointed day the amalgamated company shall be at liberty to grant new exceptional rates in respect of the carriage of any merchandise, which rates shall within fourteen days, or such longer period as the Minister may allow, be reported to the Minister; so, however, that a new exceptional rate so granted shall not, without the consent of the railway tribunal, be less than five per cent. or more than forty per cent. below the standard rate chargeable.

(2) If the Minister is of opinion that the amalgamated company is granting new exceptional rates in such manner as prejudicially to affect any class of users of the railway not benefited by such rates, or so as to jeopardise the realisation of the standard revenue of the company, he may refer the matter to the railway tribunal, who may, after giving all parties interested an opportunity of being heard, take either or both of the following courses:—

(a) revise the standard charges;

(b) cancel or modify all or any of such exceptional rates.

(3) Any trader may, at any time, apply to the railway tribunal, to fix a new exceptional rate.