(c) the revocation of the franchises under section

69(4)(b)(i).

(2) All rights and obligations of the Road Company

under this Ordinance shall determine on -

(a)

the commencement of the voluntary winding up of

the company, otherwise than for the purposes of

an assignment in accordance with section 9;

(b)

the making of a winding up order in respect of

the company;

(c) the revocation of the franchise granted by

section 4(1) under section 69(4)(b)(ii)(A);

(d)

on the expiration of the period specified in

section 4(2).

(3) All rights and obligations of the Rail Company

under this Ordinance shall determine on

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