28 Definitions. E+W+S

In this Act, unless the context otherwise requires,—

• The expression “light railway company” includes any person or body of persons, whether incorporated or not, who are authorised to construct, or are owners or lessees of, any light railway authorised by this Act, or who are working the same under any working agreement:

• The expression “Clauses Acts” means the Lands Clauses Acts, the M1 Railways Clauses Consolidation Act 1845, and the M2 Railways Clauses Act 1863, and the Companies Clauses Acts 1845 to 1889:

• The expression “share capital” includes any capital, whether consisting of shares or of stock, which is not raised by means of borrowing.

Marginal Citations

M1 1845 c. 20.

M2 1863 c. 92.