SCHEDULES

SCHEDULE 9PROTECTIVE PROVISIONS

PART 7FOR THE PROTECTION OF TRANSPORT FOR LONDON

Commuted Sum

I173

1

The undertaker must use reasonable endeavours to agree with Transport for London a schedule of new highway assets which are proposed to become the maintenance responsibility of Transport for London as a result of the authorised development under article 11 (construction and maintenance of new, altered or diverted streets and other structures) and article 16(1)(b) (classification of roads, etc.) of the Order.

2

Where the schedule prepared under paragraph (1) cannot be agreed, the matters of dispute shall be determined in accordance with paragraph 74.

3

Following agreement of the schedule under sub-paragraph (1) or determination under subparagraph (2), Transport for London must prepare a calculation of the Commuted Sum based on the maintenance Transport for London considers to be required for the schedule of highway assets agreed under sub-paragraph (1) or determined under sub-paragraph (2) and must use reasonable endeavours to agree it with the undertaker.

4

The undertaker must be provided with a complete breakdown of the calculation of the Commuted Sum by Transport for London under sub-paragraph (3) including any assumptions used.

5

Where the calculation prepared under sub-paragraph (3) cannot be agreed, the matters of dispute shall be determined in accordance with paragraph 74.

6

The undertaker must pay the Commuted Sum to Transport for London in one instalment within 10 working days of the later of—

a

the date of completion of the authorised development; or

b

the date of agreement of the value of the Commuted Sum under sub-paragraph (3) or determination under sub-paragraph (5).