OpenLegislation

Paragraph 33 I1

England, Wales and Scotland

In the assessment of any sums payable to Network Rail under this Part of this Schedule there shall not be taken into account any increase in the sums claimed that is attributable to any action taken by or any agreement entered into by Network Rail if that action or agreement was not reasonably necessary and was taken or entered into with a view to obtaining the payment of those sums by the undertaker under this Part or increasing the sums so payable. The undertaker 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 undertaker of—

(a)

any railway property shown on the works and 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.

Annotations

Commencement

I1

Sch. 9 para. 33 in force at 8.9.2022, see art. 1