Part III Status, Operation and Regulation of the Tunnel System
Termination of construction or operation
27 Limitations on exercise of Secretary of State’s powers under sections 25 and 26.
1
Section 25 or (as the case may be) section 26 of this Act only has effect—
a
if on the termination or (as the case may be) on the expiry or termination of the Concession the Secretary of State is satisfied that there is a reasonable prospect of agreement on a new Concession in the near future; and
b
until either there is such agreement and the new Concession comes into operation or (as the case may be) he ceases to be so satisfied.
2
Where either of those sections ceases to have effect on the coming into operation of a new Concession, this section is without prejudice to the subsequent operation of either of those sections on the expiry or termination of the new Concession.