2(1)The Compulsory Purchase Act 1965 (in the following provisions of this Schedule referred to as βthe 1965 Actβ) shall have effect with the modifications necessary to make it apply to the compulsory acquisition under section 154 of this Act of a right by the creation of a new right as it applies to the compulsory acquisition under that section of land, so that, in appropriate contexts, references in that Act to land are to be read (according to the requirements of the particular context) as referring to, or as including references toβE+W
(a)the right acquired or to be acquired; or
(b)the land over which the right is or is to be exercisable.
(2)Without prejudice to the generality of sub-paragraph (1) above, Part I of the 1965 Act shall apply in relation to the compulsory acquisition under section 154 of this Act of a right by the creation of a new right with the modifications specified in the following provisions of this Schedule.