PART 4MISCELLANEOUS AND GENERAL
Power to charge interest to capital21
Where the Company, in the exercise of powers conferred upon it by any enactment, commences any work or operations, it may, during such period not exceeding five years from the commencement of the work or operations as it may determine, charge to capital as part of the cost of the work or operations interest on any money raised to defray –
a
the cost of the acquisition of any lands for the purpose of the work or operations; and
b
the expenses of constructing or carrying out the work or operations.