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(1)All private rights of way over land which may be acquired compulsorily under section 4 (Acquisition and occupation of lands) of this Act shall be extinguished on the acquisition of the land, whether compulsorily or by agreement, or on the entry on the land in pursuance of section 11(1) of the Act of 1965, as applied by the said section 4, whichever is the sooner.
(2)Any person who suffers loss by the extinguishment of any right under this section shall be entitled to compensation to be determined, in default of agreement, under and in accordance with the Act of 1961.
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