HC Deb 08 August 1896 vol 44 c228

During the period, not exceeding the said period of thirty years, for which the whole or any part of the interest or dividend guaranteed by this Act shall he payable by the Treasury, the railway shall not be assessed to any local rate at a higher value than that at which the land occupied by the railway would have been assessed if it had remained in the condition in which it was immediately before it was acquired for the purpose of the railway.

Clause read 1o and 2o, and ordered to stand part of the Bill.

Bill reported; as amended to be considered upon Monday next, and to be printed.—[Bill 338.]