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SCHEDULES

SCHEDULE 2Section 7: Sectoral Regulators

Railways

11(1)The Rail Regulator shall be entitled to exercise, concurrently with the Director General of Fair Trading, the functions of that Director under the provisions inserted in the [1973 c. 41.] Fair Trading Act 1973 by section 7 above, so far as relating to monopoly situations which exist or may exist in relation to the supply of railway services; and references in those provisions to the Director shall be construed accordingly.

(2)In sub-paragraph (1) above, “the supply of railway services” has the same meaning as in section 67(2) of the [1993 c. 43.] Railways Act 1993.