Volume Three - The Pontoon Era - The Taff Vale Railway Act, 1908 . . .

Prohibition against landing of any goods or materials subject to wharfage or other dues on to any part of the pontoon or premises let or any vessel thereon without notice being given to the Taff Company and payment of dues therefor.

Proviso that neither the pontoon or any portions of sites A and B shall be used for the landing of any goods (except odd parcels happening to be on board a ship being repaired) other than those required for the carrying on the business of the Slipway Company Provided further than no machinery or other articles landed temporarily for repair shall be subject to wharfage or other dues.

The Slipway Company not to assign or underlet or part with the possession of the pontoon or land and workshops and plant on either site without the consent in writing of the Taff Company which consent after the repayment of the moneys lent by the Taff Company to the Slipway Company and secured by debentures as herein-before provided shall not be reasonably withheld.

Power to the Taff Company to require the pontoon dock to be shifted at the cost of the Taff Company to such other side in the Penarth Dock as they may from time to time indicate to be a suitable and convenient one.

Covenant by the Taff Company that they will not during the period of forty years from the date of the new lease construct themselves or grant a site within the precincts of the Penarth dock and harbour for the construction of a graving dock pontoon slipway and ship-repairing yard or other similar concession without the consent of the Slipway Company.