Section 37: Compensation

(1) In consideration of the vesting of the assets and liabilities of the Government railway undertaking in the Corporation as provided in this Part of this Act, the Corporation shall pay compensation to the Government of the Federation.
(2) The amount of the compensation to be paid in pursuance of subsection (1) of this section, shall be agreed between the Government of the Federation and the Corporation, and in determining that amount, regard shall be had to the amount which the Government railway undertaking might have been expected to realise if it had been sold on the vesting day in the open market by a willing seller to a willing buyer.