Part IV Railways

Chapter II Other provisions about railways

Competition

I1243 Competition functions of Regulator.

1

Section 67 of the M1Railways Act 1993 (functions of Regulator and Director General of Fair Trading) is amended as follows.

2

In subsection (3) (concurrent exercise by Regulator and Director of functions under Part I of Competition Act 1998 so far as relating to agreements etc. which relate to supply of railway services), for “railway services” substitute “ services relating to railways ”.

3

After that subsection insert—

3ZA

In subsection (3) above “services relating to railways” means—

a

railway services;

b

the provision or maintenance of rolling stock;

c

the development, maintenance or renewal of a network, station or light maintenance depot; and

d

the development, provision or maintenance of information systems designed wholly or mainly for facilitating the provision of railway services.

3ZB

The Secretary of State may by order amend subsection (3ZA) above; and an order under this subsection shall not be made unless a draft of the statutory instrument containing it has been laid before and approved by a resolution of each House of Parliament.