7 Transfer of toll undertaking to person appointed under section 11.E+W
(1)This section applies where before the transfer date a person is appointed to levy tolls under section 11 of this Act and his appointment is still effective on that date.
(2)On that date, such of the property and liabilities mentioned in subsection (3) below as would apart from this section fall to be transferred by virtue of section 6 of this Act to the Secretary of State are instead transferred by virtue of this section to the person appointed; and the property so transferred vests in that person by virtue of this section.
(3)The property and liabilities referred to in subsection (2) above are—
(a)all movable property which, immediately before the transfer date, was property which was normally kept anywhere within the tunnel crossing;
(b)any right or liability relating to any such movable property;
(c)any right or liability in respect of the price of, or compensation for, any land within the tunnel crossing purchased, or for which a contract to purchase has been concluded, before the transfer date;
(d)any right or liability under a contract entered into by the Councils under section 26 of the 1984 Act (power to compound for payment of tolls); and
(e)any such right or liability as is mentioned in section 6(3)(a) of this Act.