Part III National Parks

Supplemental provisions

76 Agreements as to incidental matters.

1

Any public authorities affected by an order under this Part may from time to time make agreements with respect to—

a

any property, income, rights, liabilities or expenses (so far as affected by the order) of the parties to the agreement; or

b

any financial relations between those parties.

2

Such an agreement may provide—

a

for the transfer or retention of any property, rights and liabilities, with or without conditions, and for the joint use of any property;

b

for the making of payments by any party to the agreement in respect of—

i

property, rights and liabilities transferred or retained,

ii

the joint use of any property, or

iii

remuneration or compensation payable to any person;

and

c

for the making of any such payment either by way of a capital sum or of a terminable annuity.

3

In default of agreement as to any disputed matter, the matter shall be referred to the arbitration of a single arbitrator agreed on by the parties or, in default of agreement, appointed by the Secretary of State; and the award of the arbitrator may make any provision that might be contained in an agreement under this section.

4

In subsection (3) above “disputed matter” means any matter which—

a

might be the subject of provision contained in an agreement under this section; and

b

is the subject of such a dispute between two or more public authorities as is not resolved by or under provision contained in any order under this Part.