Corporate land
25.—(1) Any question whether any land vested in the corporation of a borough is corporate land shall, subject to the following provision of this paragraph, be determined by the council of the borough.
If notice is given by any authority that they are dissatisfied with any such determination the question shall be determined by agreement between the authorities concerned or failing such agreement by the decision of a person agreed on by such authorities or in default of agreement appointed by the Secretary of State.
(2) Any corporate land to which article 20(2) does not apply and which is transferred by this order to any authority shall be held by that authority as if it had been acquired by that authority under section 120(1)(b) or 124(1)(b), as the case may be, of the Act.