SCHEDULES

SCHEDULE 17Transfers to SRA from Rail Regulator

Part IFunctions relating to licences

Modification

8

(1)

Section 14 (reports on modification references) is amended as follows.

(2)

In subsection (4) (report to Regulator), for “Regulator” substitute “appropriate authority”.

(3)

In subsection (5) (publication by Regulator)—

(a)

for “Regulator” substitute “appropriate authority”, and

(b)

for “he” substitute “it”.

(4)

After that subsection insert—

“(5A)

When the Authority receives such a report it shall send a copy of it to the Regulator; and when the Regulator receives such a report he shall send a copy of it to the Authority.”

(5)

In subsection (6) (direction to Regulator to exclude matters against public or commercial interests), for “Regulator” substitute “appropriate authority”.