§ 48 — Tracks, etc., are not fixtures

48. Every track, installation or plant used for a cross‑border railway and placed under, over, along, across, in or upon any property by the LTA, a concessionaire or a railway assets operator in the discharge of their functions under this Act remains the property of the LTA, concessionaire or railway assets operator (as the case may be), whether or not it has become in whole or in part a fixture.