(1)The [F1Office of Rail Regulation] shall have an overriding duty to exercise [F2its] regulatory functions in such a manner as not to impede the performance of any development agreement.
F3(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F3(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F3(4). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F3(5). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(6)In this section—
references to the [F1Office of Rail Regulation]’s regulatory functions are to the functions assigned or transferred to [F5it] under or by virtue of Part I of the Railways Act 1993 [F6other than any functions assigned to [F5it] by virtue of section 67(3) of that Act (“Competition Act functions”).
(7)The [F1Office of Rail Regulation] may, when exercising any Competition Act function, have regard to any matter to which [F5it] would have regard if—
(a)[F5it] were under the duty imposed by subsection (1) F7... above in relation to that function; and
(b)the matter is one to which [F8the Office of Fair Trading] could have regard if [F9it] were exercising that function.]
Textual Amendments
F1Words in s. 21 substituted (5.7.2004) by Railways and Transport Safety Act 2003 (c. 20), Sch. 2 para. 19(o); S.I. 2004/827, art. 4(g)
F2Words in s. 21 substituted (5.7.2004) by Railways and Transport Safety Act 2003 (c. 20), Sch. 2 para. 22(b); S.I. 2004/827, art. 4(g)
F3S. 21(2)-(5) repealed (22.7.2008) by Channel Tunnel Rail Link (Supplementary Provisions) Act 2008 (c. 5), ss. 3(a), 6(2)
F4Words in s. 21(6) repealed (22.7.2008) by Channel Tunnel Rail Link (Supplementary Provisions) Act 2008 (c. 5), ss. 3(b), 6(2)
F5Words in s. 21 substituted (5.7.2004) by Railways and Transport Safety Act 2003 (c. 20), Sch. 2 para. 22(a); S.I. 2004/827, art. 4(g)
F6Words in s. 21(6) and subsection (7) inserted (1.3.2000) by 1998 c. 41, ss. 54, 66(5), Sch. 10 Pt. IV para. 16(2) (with s. 73); S.I. 2000/344, art. 2
F7Words in s. 21(7) repealed (22.7.2008) by Channel Tunnel Rail Link (Supplementary Provisions) Act 2008 (c. 5), ss. 3(c), 6(2)
F8Words in s. 21(7)(b) substituted (1.4.2003) by Enterprise Act 2002 (c. 40), s. 279, Sch. 25 para. 35(2)(a); S.I. 2003/766, art. 2, Sch. (with art. 3) (as amended (20.7.2007) by S.I. 2007/1846, reg. 3(2), Sch.)
F9Word in s. 21(7)(b) substituted (1.4.2003) by Enterprise Act 2002 (c. 40), s. 279, Sch. 25 para. 35(2)(b); S.I. 2003/766, art. 2, Sch. (with art. 3) (as amended (20.7.2007) by S.I. 2007/1846, reg. 3(2), Sch.)
Modifications etc. (not altering text)
C1S. 21 extended (22.3.2001) by S.I. 2001/1451, art. 7(2)