12.—(1) A street authority and TfL may enter into agreements with respect to—
(a)the construction of any new street including any structure carrying the street, whether or not over or under any part of the authorised development;
(b)the strengthening or improvement of any street under the powers conferred by this Order;
(c)the maintenance of any street or of the structure of any bridge or tunnel carrying a street over or under the authorised development;
(d)any stopping up, alteration or diversion of a street under the powers conferred by this Order;
(e)the execution in the street of any of the authorised development; or
(f)any such works as the parties may agree.
(2) Such an agreement may, without limitation on the scope of paragraph (1)—
(a)provide for the street authority to carry out any function under this Order which relates to the street in question;
(b)include an agreement between TfL and the street authority specifying a reasonable time for completion of the works;
(c)provide for the dedication of any new street as public highway further to section 38(1) (power of highway authorities to adopt by agreement) of the 1980 Act; and
(d)contain such terms as to payment and otherwise as the parties consider appropriate.
As amended by section 102 of, and Schedule 17 to, the Local Government Act 1985 (c. 51); section 22(1) of the 1991 Act and paragraphs 1 and 19 of Schedule 1 to the Infrastructure Act 2015 (c. 7).