Capital Expenditure.

Capital expenditure on open lines is kept distinct from that on unopened lines. The construction of new lines is carried out by the Public Works Department out of moneys provided in the Public Works Fund and such expenditure is not brought into the railway accounts until the lines are handed over for working. Additions and improvements to open lines are carried out by the Railway Department out of moneys provided in the Public Works Fund or under the provisions of the Railway Improvement Authorisation Act.