(5) Where the Governor in Council exercises his powers
under subsection (4) (b) he may further order that the
franchise revoked, or where the franchises of both the Road
Company and the Rail Company are revoked, that the franchise
of either or both of those companies, be regranted to such
other person (being a person willing and able to accept
such re-grant) on such terms and conditions, being terms
and conditions consistent with this Ordinance, as he may
think fit, and upon the publication of that order in the
Gazette such franchises or franchise shall vest in such
other person and the provisions of this Ordinance shall
apply to such person as being the Road Company or, as the
case may be, Rail Company.
(6) An order made under
(a) subsection (4) (a) shall be directed to the
Secretary and a copy thereof shall be attached to
the Secretary's notice under section 68(2);
(b) subsection (4)(b) shall be served on -
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