Railway Heritage Act 1996

4 Notice of proposed disposal of record or artefact

(1) Where a body to which this Act applies proposes to dispose of a designated record or artefact to any person to any extent, it shall give notice to the committee containing details of the proposed disposal.

(2) If the committee is content both with the person to whom the record or artefact is proposed to be disposed of and with the terms of the proposed disposal (including any terms relating to payment), it shall consent to the disposal.

(3) If the committee is content with that person but not with those terms, it shall give directions to the body with respect to the terms (including any terms relating to payment) on which the body may offer to dispose of the record or artefact to that person to the extent proposed.

(4) If the committee is not content with that person, it shall give directions to the body—

(a) specifying the person or persons to whom the body may offer to dispose of the record or artefact to the extent proposed and, where there are two or more such persons, specifying the order in which the offers must be made; and

(b) with respect to the terms (including any terms relating to payment) on which the body must make the offer or offers.

(5) In subsections (2) to (4) above “terms relating to payment” includes terms as to the basis on which the amount or terms of payment are to be settled.

(6) Nothing in this section shall apply to, and nothing in section 5 below shall preclude, any disposal of a designated record or artefact by a body to which this Act applies if—

(a) at the time of the disposal, the body has not been notified of the designation;

(b) the disposal is made in accordance with a transfer scheme under Part II of the [1993 c. 43.] Railways Act 1993; or

(c) the disposal is not so made but is a disposal to another body to which this Act applies;

but where such a body makes such a disposal as is mentioned in paragraph (c) above, it shall, within the period of two months beginning with the day of the disposal, give notice to the committee of the disposal.