(1)In this section—
“the Act of 1827” means the Act 7 & 8 Geo. 4 c. xlii intituled “An Act for making and maintaining a Navigable Communication for ships and other vessels between the City of Norwich and the Sea at or near Lowestoft in the County of Suffolk”; and
“Haddiscoe Cut” means the Haddiscoe New Cut authorised by the Act of 1827 from its commencement by a junction with the river Yare to its termination by a junction with the river Waveney.
(2)As from the appointed day—
(a)the following provisions shall cease to have effect—
(i)in the British Transport Commission Act 1958 (c. xliv)—
(aa)subsections (3), (4) and (7) of section 17 (as to Haddiscoe Cut);
(ii)in the 1988 Act—
(aa)subsection (7) of section 8 (the navigation area);
(bb)subsection (2) of section 10 (functions of Authority and others in relation to the navigation area);
(b)subsection (5) of section 8 and subsection (1) of section 10 of the 1988 Act shall apply to Haddiscoe Cut;
(c)the Environment Agency shall cease to discharge any functions in relation to Haddiscoe Cut under the provisions of the said Act of 1958 referred to in paragraph (a).
(3)The Authority and the Environment Agency may enter into and carry into effect agreements for the purposes of or in connection with subsection (2).