Transport Act 2000

Financial duties

4(1)Paragraph 8 of Schedule 2 (financial provisions relating to consultative committees) is amended as follows.

(2)In sub-paragraph (1)(b), for “the committee in accordance with any statement approved under sub-paragraph (3) below” substitute “a Rail Passengers' Committee (provided that the Rail Passengers' Committee complied with their financial duties in incurring them)”.

(3)For sub-paragraphs (2) and (3) substitute—

(2)The Authority may determine the financial duties of Rail Passengers' Committees; and different determinations may be made for different functions of Rail Passengers' Committees.

(3)The Authority shall give a Rail Passengers' Committee notice of every determination of their financial duties; and such a determination may—

(a)relate to a period beginning before, on or after the date on which it is made;

(b)contain supplementary provisions; and

(c)be varied by a subsequent determination.

5(1)Paragraph 8 of Schedule 3 (financial provisions relating to Central Committee) is amended as follows.

(2)In sub-paragraph (1)(b), for “committee in accordance with any statement approved under sub-paragraph (3) below” substitute “Rail Passengers' Council (provided that the Rail Passengers' Council complied with their financial duties in incurring them)”.

(3)For sub-paragraphs (2) and (3) substitute—

(2)The Authority may determine the financial duties of the Rail Passengers' Council; and different determinations may be made for different functions of the Rail Passengers' Council.

(3)The Authority shall give the Rail Passengers' Council notice of every determination of its financial duties; and such a determination may—

(a)relate to a period beginning before, on or after the date on which it is made;

(b)contain supplementary provisions; and

(c)be varied by a subsequent determination.