48Application of original railway enactmentsS
(a)the acquisition of any land by the authorised undertaker, whether compulsorily or by agreement; or
(b)the entry on the land by the authorised undertaker under section 24,
whichever is sooner, BRBR shall be discharged from any obligation to which it is subject in relation to that land under any statutory provision relating to a former railway.
(2)In this section—
“BRBR” means BRB (Residuary) Limited (company no. 04146505) and its successors;
“a former railway” means any railway which had at any time prior to the passing of this Act been situated within the Act limits but which has not vested in Network Rail Infrastructure Limited (company no. 2904587 and formerly known as Railtrack PLC).