Government may purchase
19 Government may purchase
At any time after the expiration of fourteen years from the time of the passing of the special Act, or of any period of seven years thereafter, it shall be lawful for the Government to purchase the said tramways and undertaking, at a price to be determined as follows, that is to say: Two arbitrators shall be appointed by the Government, and two arbitrators by the promoters, and all matters relating to such purchase shall be submitted to the decision of such arbitrators, and in all other respects such arbitration shall be conducted in accordance with and under and subject to The Railways Clauses Consolidation Act, No. 7 of 1847: Provided that the Government shall not be compelled to abide by the event of the award if the Government shall give to the promoters, within one month of the award being given, notice in writing to that effect, and thereupon the promoters shall be at liberty to carry on and work the said tramway: And provided also, that the Government shall pay all costs of the reference and award, and all costs and charges incidental thereto.
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