(1)If any order is made under any enactment for the stopping up of the highway over Dunham Bridge the Secretary of State may on the application of the Company, or in the event of the dissolution of the Company in accordance with section 53 (Dissolution of Company) of this Act the registered company, by order provide for the discontinuance of the undertaking, including provision for the repeal or amendment of the Act of 1830 or this Act and (if the order is made on the application of the Company) for the dissolution of the Company.
(2)Application for an order under this section shall be authorised by a special resolution of the Company, or as the case may be the registered company, and shall be accompanied by a draft of the order which it is desired that the Secretary of State should make.
(3)The Secretary of State may make an order in the terms of the draft submitted to him or in those terms as modified in such manner as he thinks fit.
(4)The power to make orders under this section shall be exercisable by statutory instrument.