In all cases where the treatment of the respective properties involves merely the removal of an existing wharf or pier to the bulk-head or arbitrary low-water line, and the owner of the wharf or pier so to be removed is also the owner of the bulk-head, wharf or riparian rights adjoining to and extending beyond the riparian rights attached and belonging to such wharf or pier, so to be removed, the condemnation proceedings above referred to shall extend only to the acquisition of the materials composing said wharf or pier so to be removed, and damages for the appropriations and removal of the same only shall be assessed and paid, the purpose of this provision being to leave in the riparian owner or owners all the legal rights and privileges appertaining to said bulk-heads, the same to be exercised by him or them under the laws of this commonwealth.
53 P.S. § 14215