Section 63 Exchequer grants to meet capital expenditure of the railway undertaking.
The Ministry with the approval of the Ministry of Finance may, out of moneys provided by Parliament, make payments to the railway undertaking towards any capital expenditure which has been or may be incurred by that undertaking with the consent of the Ministry.
Notes on the whole Act
Textual amendments
- F1
Certain functions transf. by SR 1999/481