TNAG-1512-FCO40-2070-Kowloon-Canton-highway-and-Kowloon-Canton-Railway-Corporatio-1986 — Page 28

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