(1) This article applies to—
(a) land acquired by an abolished council under Part XII of the Highways Act 1980;
(b) land to which section 32 of the Acquisition of Land Act 1981 applies.
(2) Where any land to which this article applies vests by or under the Act in any local authority, new authority or authority established under section 10 of the Act—
(a) Part XII of the 1980 Act shall apply to that authority in respect of the land as if that authority had itself acquired the land; and
(b) section 32 of the 1981 Act shall so apply as if that authority had acquired the land, or proposed to acquire it, as described in subsection (1) of that section.