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(This note is not part of the Order)
This Order brings into force on 24th December 1993 the provisions of the Railways Act 1993 (“the Act”) specified in article 2(1). These include provisions giving Passenger Transport Authorities and Executives power to enter into agreements with wholly owned subsidiaries of the British Railways Board (“the Board”), and requiring the re-negotiation of existing agreements between Passenger Transport Authorities and Executives and the Board; provisions relating to the disclosure of information and the making of false statements; related definitions; and supplemental and miscellaneous provisions.
The Order also brings into force on 6th January 1994 the provisions of the Act specified in article 2(2).These include provisions relating to the re-organisation of the railways by means of disposals and transfer schemes; provisions amending the existing statutory functions of the Board; provision for the giving of financial assistance to employees seeking to acquire parts of the Board’s undertaking; penalty fares and pensions; and further definitions and supplemental and miscellaneous provisions.