SCHEDULE 9 Special Provisions as to certain Orders
Part I Reserve Powers of Secretary of State
6
(1)
Where by virtue of paragraph 3 above a parking place has been designated under section 45 F1. . . of this Act by an order of the Secretary of State, then if, with the consent of the Treasury, the Secretary of State enters into an agreement with the local authority F1. . . for the transfer to that authority F1. . . of the operation of that parking place—
(a)
the operation of the parking place, and such apparatus or other things held by, and rights or liabilities of, the Secretary of State in connection with the parking place as may be specified in the agreement, shall be transferred as from such date and on such terms (including terms as to the making of payments to or by the Secretary of State) as may be so specified;
(b)
from the taking effect of any such transfer of the operation of the parking place, the order designating the parking place shall have effect subject to such modifications (if any) appearing to the Secretary of State to be requisite in consequence of the transfer as he may direct; and
(2)
In this paragraph “local authority” has the meaning assigned to it by section 45(7) of this Act.