Section 19 Power of owners to grant land or advance money for a light railway.C1

Where any person has power, either by statute or otherwise, to sell and convey any land for the purpose of any works of a light railway, he may, with the sanction of the Board of Agriculture given under this section, convey the land for that purpose either without payment of any purchase money or compensation or at a price less than the real value, and may so convey it free from all incumbrances thereon.

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The Board of Agriculture shall not give their sanction under this section unless they are satisfied that the works for which the land is conveyed . . . F2 will effect a permanent increase in the value of the land held by the same title or of other land of the same landowner exceeding . . . that which is, in the opinion of the Board of Agriculture, the real value of the land conveyed or the difference between that value and the price, as the case may be, . . . : Provided also, that if the land proposed to be conveyed is subject to incumbrances, the Board of Agriculture, before giving their sanction under this section, shall cause notice to be given to the incumbrancers, and shall consider the objections, if any, raised by them.