subject to sub-paragraph (2), the reasonable
costs of such diversion as agreed between the
Corporation and the Director or, in the event of
a failure to agree, as may be determined by
arbitration, shall be payable by the Government
out of general revenue;
upon the completion of the works required to
effect the diversion -
(i) any rights which the Corporation may have
under this Schedule to the place from which any
works have been removed or destroyed for the
purpose of effecting the diversion shall be
deemed to be extinguished; and
(ii) there shall be vested in the Corporation
for the same interest as it possessed in the
place from which such works have been removed or
destroyed, in respect of which any works have
been constructed to effect the diversion, rights
similar in all respects, except in respect of the
place where they may be exercised, as the