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Cesser of powers if railway not opened within prescribed time.
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22. If the company or persons by the certificate empowered to make the railway do not within five years from the commencement of the operation of the certificate, or within any shorter period prescribed therein, complete the railway and open it for public traffic, then (subject to any provisions and qualifications in the certificate contained) all the powers and authorities given by the certificate shall from and after the expiration of the time aforesaid cease, except as to so much of the railway as is then completed.
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