Transport Act 1968

119 Ending of liability of Boards to make payments on being relieved of responsibility for bridges carrying trunk or special roads

(1) Where after the appointed day any bridge belonging to the Railways Board, the London Board or the Waterways Board is transferred to the Minister or the Secretary of State under section 229 of the [1959 c. 25.] Highways Act 1959 or section 7 of the [1946 c. 30.] Trunk Roads Act 1946 (bridges carrying highways which become trunk roads) or to a special road authority by an order made by virtue of section 230 of the said Act of 1959 or section 8 of the [1949 c. 32.] Special Roads Act 1949 (bridges carrying highways which are included in special road schemes), the Board—

(a) shall not be liable under the provisions of section 58(2) of the said Act of 1959, section 7(3) of the said Act of 1946 or section 8(2) of the said Act of 1949, to pay any sum in respect of the value to the Board of the extinguishment of their liability for the maintenance, repair or improvement of the bridge or the highway carried thereby; but

(b) shall not be entitled to receive under section 229(3) or 230(2) of the said Act of 1959 or the said section 7(3) or 8(2) any sum in respect of the value to them of the bridge as an asset productive of revenue except to the extent (if any) by which that sum exceeds the sum which, apart from paragraph (a) of this subsection, the Board would be liable to pay under the provisions mentioned in that paragraph.

(2) None of the Boards mentioned in subsection (1) of this section shall be liable to pay any instalment or make any annual payment under the provisions mentioned in paragraph (a) of that subsection if the obligation to pay that instalment or to make that payment arises from the transfer of any bridge before the appointed day and that instalment or payment falls due after that day.