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Division of costs in respect of certain works.
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8.—(1) Where the Board carries out work which benefits the property of the Commissioners and the carrying out of which is reasonably necessary for the care, management, control, maintenance, repair, improvement or development of the railway property, the Commissioners shall pay to the Board such sum as is reasonable having regard to the cost of the work carried out and the nature and extent of the benefit conferred on the property of the Commissioners by such work.
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(2) Where the Commissioners carry out work which benefits the property of the Board and the carrying out of which is reasonably necessary for the care, management, control, maintenance, repair, improvement or development of the canal property, the Board shall pay to the Commissioners such sum as is reasonable having regard to the cost of the work carried out and the nature and extent of the benefit conferred on the property of the Board by such work.
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