(1) Subject to the following provisions of this section and to section 264, in this Act “operational land” means, in relation to statutory undertakers—
(a) land which is used for the purpose of carrying on their undertaking; and
(b) land in which an interest is held for that purpose.
(2) Paragraphs (a) and (b) of subsection (1) do not include land which, in respect of its nature and situation, is comparable rather with land in general than with land which is used, or in which interests are held, for the purpose of the carrying on of statutory undertakings.
[(2A) Subsection (1) does not apply in relation to a person who holds a licence under Ch
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