80 Duty of Passenger Transport Authority not to inhibit competition.E+W+S
A Passenger Transport Authority, in exercising their functions—
(a)in relation to the formation of companies under section 61 of this Act and the formulation of proposals under that section;
(b)in relation generally to the exercise of rights in relation to any public transport company arising from the holding of any shares in or other securities of that company;
(c)in relation in particular to the exercise of control virtue of any such rights over any disposal by any such company of the whole or any part of that company’s undertaking, or of any property, rights or liabilities of that company; and
(d)in relation to any disposal under section 75(2) of this Act;
shall so conduct themselves as not to inhibit competition between persons providing or seeking to provide public passenger transport services in their area.