SCHEDULES
I2 SCHEDULE 16 Transfer to SRA of Franchising Director’s functions
Railways Act 1993 (c.43)
I134
1
Section 54 (exercise of functions for purpose of encouraging investment in railways) is amended as follows.
2
In subsection (1)—
a
for “Franchising Director” substitute “
Authority
”
, and
b
for “his, or (as the case may be) their,” substitute “
their
”
.
3
In subsection (2)—
a
for “Franchising Director” (in both places) substitute “
Authority
”
, and
b
for “franchising functions of his” substitute “
any of its franchising functions
”
.
4
In subsection (3)—
a
for “Franchising Director” substitute “
Authority
”
,
b
for “functions of his under” substitute “
of the Authority’s functions under
”
,
c
for “him” substitute “
the Authority
”
, and
d
for “his which” substitute “
the Authority which
”
.
Sch. 16 wholly in force at 1.2.2001, see s. 275(1) and S.I. 2001/57, art. 3(1), Sch. 2 Pt. I (subject to the transitional provision and saving in Sch. 2 Pt. II)