Part IU.K. The Channel Tunnel Rail Link

Financial mattersU.K.

33 Undertakings with respect to financial assistance etc.U.K.

(1)Any undertaking of the Secretary of State which—

(a)is given with respect to applications for assistance of a kind to which subsection (2) below applies, and

(b)is contained in a development agreement,

shall be effective notwithstanding that it fetters his discretion.

(2)This subsection applies to—

(a)any kind of financial or other assistance in relation to an existing railway line which might allow it to be used to provide a line speed in excess of 200 kilometres per hour before 31st December 2030, and

(b)any kind of financial or other assistance which before that date would enable or assist a person to provide services or facilities for international rail passenger services.

Modifications etc. (not altering text)