(1)All materials removed by the Authorities under the powers conferred on them by this Act and all materials (other than any apparatus belonging to statutory undertakers or any telecommunications apparatus belonging to or used by the operator of a telecommunications code system) removed by the Authorities from any street or other way or other place or otherwise obtained by them in the construction and maintenance of the works shall vest in the Authorities.
(2)The Authorities may use all or any of the said materials for the purposes of the construction or maintenance of the works, or they may sell or otherwise dispose of the said materials as they think fit.