(1)Where this Act authorises the stopping up of a highway or part thereof without providing a substitute, such stopping up shall not take place until the Board are in possession of all lands abutting on both sides of that part of the highway except so far as the owners, lessees and occupiers of those lands may otherwise agree.
(2)On the stopping up of any highway or part thereof under this Act all rights of way over or along the highway or part so stopped up shall be extinguished.
(3)Any person who suffers loss by the extinguishment of any private right under this section shall be entitled to be paid by the Board compensation, to be determined in case of dispute by the tribunal.