Section 24Part 0 —
Power to exchange land to adjust boundaries of roads
←→ Navigate · Click subsection badges to collapse · Press ? for help
The Roads Authority may, for the purpose of adjusting the boundaries of a road, enter into agreement with the owner of any land the boundaries of which adjoin or lie near to the road, providing for the exchange of any such land for land on which the road is situated with or without payment by either party of money for equality of exchange.
Where no payment by either party is required under subsection (1), no stamp duty shall be payable on the agreement.
The Roads Authority, if proposing to enter into an agreement under this section, shall publish once at least in each of two successive weeks in a daily newspaper published and circulating in the Islands, a notice giving particulars of the proposed agreement and shall not enter into the proposed agreement before the expiration of the period of two months from the date on which the first such notice is published.
The Roads Authority shall take into account any representations made to it by statutory undertakers or any other persons appearing to the Roads Authority to be affected by the proposal.
When the Roads Authority exchanges land under this section it shall notify the Registrar and furnish to him particulars of the transaction in such detail as the Registrar may require.