SCHEDULES

SCHEDULE 10PROTECTIVE PROVISIONS

PART 3FOR THE PROTECTION OF THE TYNE & WEAR PASSENGER TRANSPORT EXECUTIVE

42.

The Council and Nexus may enter into, and carry into effect, agreements for the transfer to the Council of—

(a)

any railway property shown on the works plans or land plans and described in the book of reference;

(b)

any lands, works or other property held in connection with any such railway property; and

(c)

any rights and obligations (whether or not statutory) of Nexus relating to any railway property or any lands, works or other property referred to in this paragraph.