The winding up body may, with the consent of the Secretary of State, meet all reasonable claims arising from the revocation of an order as mentioned in section 1(1)(a) of this Act, being claims—
(a)in respect of expenditure incurred by a local authority or statutory undertakers in carrying out work required in connection with the development of the new town which is rendered abortive by the revocation; or
(b)in respect of legal and other professional expenses incurred in the course of negotiations with the development corporation which are rendered abortive by the revocation.