Compensation for temporary works
49.—(1) Regardless of article 3 (disapplication of legislation, etc.), compensation in respect of—
(a)any specified work constructed on land specified in Schedule 7 (land of which only temporary possession may be taken) and belonging to the PLA;
(b)any specified function exercised on that land;
(c)the rights conferred in connection with construction of such a specified work; and
(d)the carrying out of such a specified function,
is payable to the PLA as if TfL has been required—
(i)to obtain a licence for the work or the exercise of the function under section 66 (licensing of works) of the 1968 Act; and
(ii)to pay consideration for the licence determined in accordance with the provisions of section 67 (consideration for licence) of that Act.
(2) For the avoidance of doubt, in determining the amount of compensation payable under this paragraph, no account is to be taken of the value of any other specified work whose construction is facilitated by the construction and use of any specified work mentioned in sub-paragraph (1).
(3) This paragraph has effect in addition to the obligation to pay compensation in articles 29(8) (temporary use of land for carrying out the authorised development) and 30(9) (temporary use of land for maintaining the authorised development).