74. Regardless of article 4(9)(a), and unless otherwise agreed in writing between LUL and the PLA, compensation is payable to the PLA in respect of any specified work below mean high water level and any rights required in connection with such a specified work as if LUL had been required—E+W+S
(a)to obtain a licence for the work under section 66 (licensing of works) of the 1968 Act; and
(b)to pay consideration for the licence determined in accordance with the provisions of section 67 (consideration for licence) of that Act;
and the PLA’s reasonable costs incurred in connection with the determination of such compensation is recoverable from LUL.
Commencement Information
I1Sch. 8 para. 74 in force at 15.12.2014, see art. 1