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.