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Improvement of Land Act 1864

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This is the original version (as it was originally enacted).

Improvement Companies may exercise the Powers of this Act, on conforming to its Procedure.

54Any Company authorized by Act of Parliament to execute or advance Money for the Improvement of Land, by giving Notice to the Commissioners of their Intention to avail themselves of any of the Powers given by this Act, shall be held to have adopted the same, and thenceforth all the Procedure of such Company shall be carried on under and in accordance with this Act only ; and any such Company which shall adopt this Act as herein-before provided may, with the Sanction of Three Fourths of the Shareholders present at an Extraordinary Meeting of the Company specially convened for the Purpose, execute or advance Money for the Execution of any Improvement authorized by this Act in any Part of the United Kingdom, although not so authorized by any Act or Acts relating to the Company.

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