OpenLegislation

Paragraph 16

Original text. Later amendments are not shown.

The Company and Network Rail may, subject in the case of Network Rail to compliance with the terms of its network licence, enter into, and carry into effect, agreements for the transfer to the Company of—

(a)

any railway property shown on the land plans and described in the book of reference;

(b)

any lands, works or other property held in connection with any such railway property; and

(c)

any rights and obligations (whether or not statutory) of Network Rail relating to any railway property or any lands, works or other property referred to in this paragraph.