Section 37 Acquisition of land in advance of requirements
Without prejudice to the generality of their powers to acquire land by agreement under section 120 of the 1972 c. 70.Local Government Act 1972 and section 26 of the 1973 c. 26.Land Compensation Act 1973, the undertakers may acquire by agreement any land in their area which, in their opinion—
(a)
is likely to be required for the development of a light rail transit network in their area; or
(b)
by reason of published proposals indicating that it might be so required, is a hereditament in respect of which a valid blight notice could have been served on them under section 150 or 161 of the 1990 c. 8.Town and Country Planning Act 1990 if it were land of the description specified in paragraph 21 of Schedule 13 to the said Act of 1990.