OpenLegislation

Paragraph 15 I1

England, Wales and Scotland

If the cost of maintaining, working or renewing railway property is reduced in consequence of any such alterations or additions, a capitalised sum representing such saving shall be set off against any sum payable by the undertaker to the Company under this Schedule.

Annotations

Commencement

I1

Sch. 12 para. 15 in force at 9.11.2001, see art. 1