312 Payment of purchase money or compensation by one local authority to another.S
(1)Any purchase money or compensation payable by a local authority under this Act in respect of any land, right or interest of another local authority which would but for this section be paid into a bank as provided by the Lands Clauses Acts may be otherwise paid and applied as the Secretary of State approves and determines.
(2)A determination of the Secretary of State under this section shall be final and conclusive.