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Transport Act 2000, Section 123N is up to date with all changes known to be in force on or before 03 September 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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(1)The franchising authority or authorities operating a franchising scheme may revoke, or acting jointly may revoke, the franchising scheme.
(2)The authority or authorities may revoke the scheme only if they are satisfied that—
(a)local services in the area to which the scheme relates are likely to be better if the scheme did not apply,
(b)the continued operation of the scheme is likely to cause financial difficulties for the authority or any of the authorities, or
(c)the burdens of continuing with the scheme are likely to outweigh the benefits of doing so.
(3)If the authority or authorities decide to revoke a franchising scheme, the authority or authorities must—
(a)publish a notice of the decision, and
(b)give notice of the decision to a traffic commissioner.
(4)The notice of the decision must state the date on which the revocation is to have effect.
(5)The date of revocation must fall after a period of six months beginning with the date on which notice of the decision is published.
(6)The notice must be published, and notice must be given to a traffic commissioner, within a period of 14 days beginning with the date on which the decision was made.
(7)If a franchising authority are a mayoral combined authority, the function of deciding whether to make a proposed revocation is a function of the combined authority exercisable only by the mayor acting on behalf of the combined authority (including in a case where the decision is to act jointly to revoke a scheme).
[F2(7A)If a franchising authority are a mayoral CCA, the function of deciding whether to make a proposed revocation is a function of the combined county authority exercisable only by the mayor acting on behalf of the combined county authority (including in a case where the decision is to act jointly to revoke a scheme).]
(8)The revocation of a franchising scheme is subject to the same procedure as the making of a franchising scheme, except that—
(a)the procedure may be modified or excluded in its application to the revocation of a scheme by regulations under section 123U, and
(b)section 123G(3) does not apply.]
Textual Amendments
F1Ss. 123A-123X and cross-heading inserted (27.4.2017 for specified purposes, 27.6.2017 in so far as not already in force) by Bus Services Act 2017 (c. 21), ss. 4, 26(3)
F2S. 123N(7A) inserted (26.12.2023) by Levelling-up and Regeneration Act 2023 (c. 55), s. 255(2)(c), Sch. 4 para. 132 (with s. 247)
Modifications etc. (not altering text)
C1Pt. 2: functions made exercisable (28.2.2024) by The East Midlands Combined County Authority Regulations 2024 (S.I. 2024/232), regs. 1(2), 15(1)
C2Pt. 2: transfer of functions (2.11.2018) by The Newcastle Upon Tyne, North Tyneside and Northumberland Combined Authority (Establishment and Functions) Order 2018 (S.I. 2018/1133), arts. 1, 7 (with art. 28)
C3Pt. 2 functions made exercisable (2.11.2018) by The Newcastle Upon Tyne, North Tyneside and Northumberland Combined Authority (Establishment and Functions) Order 2018 (S.I. 2018/1133), arts. 1, 9 (with art. 28)
C4Ss. 123A-123X: functions transferred (28.2.2024) by The East Midlands Combined County Authority Regulations 2024 (S.I. 2024/232), regs. 1(2), 15(2)
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