26Period for compulsory acquisition of landS
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(1)The authority given by sections 12 and 14 for the compulsory acquisition of land and new rights for the purposes of this Act shall cease five years from the date on which this Act comes into force.
(2)The powers conferred by sections 12, 13 and 14 for the compulsory acquisition of such land and servitudes or other rights shall, for the purposes of this section, be deemed to have been exercised in relation to any land, servitude or right if before the expiry of five years from the date on which this Act comes into force—
(a)notice to treat has been served; or
(b)a declaration has been executed under paragraph 1 of Schedule 15 to the 1997 Act in respect of that land, servitude or right.