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(4) A district electricity board may, with the consent of the authorised undertakers, discharge the whole or any part of the purchase price payable under this Act (otherwise than by way of annuity) to any authorised undertakers in respect of any generating station or main transmission line vested in or acquired by the board under this Act, or of any undertaking, or part of an undertaking, transferred to the board under this Act, by the issue to the undertakers of such amount of stock created under this Section as may be agreed upon or determined in manner hereinafter provided to be the equivalent in value to the whole or part of the purchase price in respect of which the stock is issued, and if any difference arises as to the amount of stock which is so equivalent in value shall be determined by the Railway and Canal Commissioners.
§ Amendment made: In Sub-suction (4), leave out the words "the Railway and Canal Commissioners," and insert instead thereof the words "an independent financial expert agreed between the parties or, in default of agreement, appointed by the Treasury"—[Mr. Bridgeman.]