7(1)Section 18 of the 1986 Act (discharge and variation of administration order), as applied by this Part of this Schedule, shall have effect as follows.
(2)For subsections (1) and (2) there shall be substituted the following subsection—
“(1)An application for a railway administration order to be discharged may be made—
(a)by the special railway administrator, on the ground that the purposes of the order have been achieved; or
(b)by the Secretary of State or, if the company is the holder of a passenger licence under Part I of the Railways Act 1993, by the Director of Passenger Rail Franchising with the consent of the Secretary of State, on the ground that it is no longer necessary that the purposes of the order are achieved.”
(3)In subsection (3), the words “or vary” shall be omitted.
(4)In subsection (4), the words “or varied” and “or variation” shall be omitted and for the words “ to the registrar of companies ” there shall be substituted—
(a)except where the company is an unregistered company which is not subject to a requirement imposed under or by virtue of section 691(1) or 718 of the M1Companies Act 1985 to deliver any documents to the registrar of companies, the words “to [F1the Office of Rail Regulation], the Director of Passenger Rail Franchising and the registrar of companies"; and
(b)where the company is an unregistered company which is not subject to such a requirement as is mentioned in paragraph (a) above, the words “to [F1the Office of Rail Regulation] and the Director of Passenger Rail Franchising".
Textual Amendments
F1Words in Sch. 6 Pt. 1 substituted (5.7.2004) by Railways and Transport Safety Act 2003 (c. 20), ss. 16, 120, Sch. 2 para. 18; S.I. 2004/827, art. 4(g)
Marginal Citations