Section 38: (1) A person shall not construct, manage or operate a railway, or carry a passenger or freight by railway except in accordance with a railway licenc ...

Section 39: (1) A railway licence shall specify whether the company is to operate the railway as a common carrier or as a private carrier.(2) A company which op ...

Section 40: (1) The Authority shall (a) acknowledge receipt of the application, and (b) within a period of not more than one hundred and twenty days of receipt ...

Section 41: (1) A licence granted by the Authority under this Act shall be subject to the conditions specified in the licence. (2) Without limiting the effect o ...

Section 43: (1) A licence granted is for a period of five years in each instance and may be renewed under terms specified by the Authority. (2) A person who des ...

Section 45: Despite the grant of a licence, a railway company shall not construct a railway line without the written approval of the Authority forth constructio ...

Section 46: (1) The Authority may, grant approval to construct a railway Iine if it considers that the location of the railway line is reasonable, taking into c ...

Section 42: A licence granted is not transferable except with the written approval of the Authority. ...