(1) On every service pipe laid after the date of coming into force of this chapter, the Board shall, and on every service pipe laid before such date the Board may, fit a stopcock enclosed in cover box or a pit of such size as may be reasonably necessary.
(2) Every stopcock fitted on a service pipe after the date of coming into force of this chapter shall be placed in such position as the Board deems most convenient:
Provided that-
(a) a stopcock in private premises shall be placed as near as is reasonably practicable to the street from which the service pipe enters that premises; and
(b) a stopcock in a street shall be placed as near to the boundary thereof as is reasonably practicable.