s 119 Ending of liability ... to make payments on being relieved of responsibility for bridges carrying trunk or special roads.
(1) Where after the appointed day any network bridge or bridge belonging to the Railways Board, Transport for London , the Waterways Board or Canal & River Trust is transferred to the Minister or the Secretary of State under section 266 of the Highways Act 1980 or section 7 of the Trunk Roads Act 1946 266 of the Highways Act 1980 or section 80 of the Roads (Scotland) Act 1984 (bridges carrying highways , or as the case may be roads which become trunk roads) or to a special road authority by an order made by virtue of section 267 of the said Act of 1980 or section 8 of the Special Roads Act 1949 267 of the said Act of 1980 or section 81 of the said Act of 1984 (bridges carrying highways , or as the case may be roads, which are included in special road schemes), the Board or, as the case may be, Canal & River Trust — (a) shall not be liable under the provisions of section 55(2) of the said Act of 1980 , section 7(3) of the said Act of 1946 or section 8(2) of the said Act of 1949 , 55(2) of the said Act of 1980 or subsection (4) of the said section 80 (or that subsection as applied by subsection (2) of the said section 81) , to pay any sum in respect of the value to the Board or, as the case may be, Canal & River Trust of the extinguishment of their liability for the maintenance, repair or improvement of the bridge or the highway , or as the case may be road, carried thereby; but (b) shall not be entitled to receive under section 266(5) or 267(2) of the said Act of 1980 or the said section 7(3) or 8(2) 266(5) or 267(2) of the said Act of 1980 or subsection (4) of the said section 80 (or that subsection applied as aforesaid) any sum in respect of the value to them of the bridge as an asset productive of revenue except to the extent (if any) by which that sum exceeds the sum which, apart from paragraph (a) of this subsection, the Board or, as the case may be, Canal & River Trust would be liable to pay under the provisions mentioned in that paragraph. (2) None of the Boards mentioned in subsection (1) of this section or Canal & River Trust shall be liable to pay any instalment or make any annual payment under the provisions mentioned in paragraph (a) of that subsection if the obligation to pay that instalment or to make that payment arises from the transfer of any bridge before the appointed day and that instalment or payment falls due after that day. (3) In subsection (1) above “network bridge”means a bridge (whenever constructed) which— (a) carries a highway over a railway comprised in a transferred network or a new network of a network owner, and (b) belongs to the network owner. (4) In relation to a network bridge, references in this section to the Boards or a Board are to be read as references to the network owner.