(1)In this section—
“the road” means so much of Old Seacoal Lane as is referred to in subsection (1)(b)(iii) of section 9 (Roadworks at Holborn Viaduct) of the [1988 c. xi.] British Railways (London) Act 1988;
“point K” means the point K referred to in that subsection; and
“the relinquished works” means the new roads authorised to be made and maintained under subsection (1)(b) and (f) of the saidsection 9.
(2)The Board shall relinquish the power to make and maintain the relinquished works.
(3)Notwithstanding anything in subsection (1) of the said section 9, the Board shall, on exercising the power to stop up and discontinue the road, stop up only so much of the road as lies between point K and a point in the road 18·72 metres east of its junction with Farringdon Street, measured along the centre of the road from a line corresponding with the back edge of the eastern footway of that street at that junction.
(4)So much of section 9(1) of the said Act of 1988 as relates to the relinquished works shall cease to have effect.
(1)In this section “Part 11 development” means development permitted by article 3 of, and Class A in Part 11 of Schedule 2 to, the [S.I. 1988/1813.] Town and Country Planning General Development Order 1988 (which permits development authorised by private Act designating specifically both the nature of the development thereby authorised and the land on which it may be carried out).
(2)Subject to subsection (3) below, in its application to development authorised by this Act, the planning permission granted for Part 11 development shall have effect as if the authority to develop given by this Act were limited to development begun within 10 years after the passing of this Act.
(3)Subsection (2) above shall not apply to the carrying out of any development consisting of the alteration, maintenance or repair of works or the substitution of new works therefor.
The enactments specified in columns (1) and (2) of Schedule 4 to this Act are hereby repealed to the extent mentioned in column (3) of that Schedule.
Where under any provision of this Act any difference (other than a difference which falls to be determined by the tribunal) is to be referred to or settled by arbitration, then such difference shall be referred to and settled by a single arbitrator to be agreed between the parties or, failing agreement, to be appointed on the application of either party (after notice in writing to the other) by the