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(1)Where the British Waterways Board are the holders of a licence under Chapter II of Part II of this Act authorising abstraction from any inland waters to which section 66 above applies, then, the charges which, apart from this subsection, would be payable in respect of that licence either—
(a)shall be reduced to such extent, and as so reduced shall be payable subject to such conditions; or
(b)shall not be payable,
as the Board and the Authority may agree or, in default of such agreement, the Secretary of State may determine.
(2)Where—
(a)a person other than the British Waterways Board is the holder of a licence under Chapter II of Part II of this Act authorising abstraction from any inland waters to which section 66 above applies; and
(b)any charges in respect of that licence are payable,
the Authority shall pay to the Board such proportion of those charges, subject to such conditions, as the Board and the Authority may agree, or, in default of such agreement, the Secretary of State may determine.
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