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- Original (As enacted)
This is the original version (as it was originally enacted).
(1)The Secretary of State may at any time—
(a)set a Road Investment Strategy for a strategic highways company, or
(b)vary a Strategy which has already been set.
(2)A Road Investment Strategy is to relate to such period as the Secretary of State considers appropriate.
(3)A Road Investment Strategy must specify—
(a)the objectives to be achieved by the company during the period to which it relates, and
(b)the financial resources to be provided by the Secretary of State for the purpose of achieving those objectives.
(4)The objectives to be achieved may include—
(a)activities to be performed;
(b)results to be achieved;
(c)standards to be met.
(5)In setting or varying a Road Investment Strategy, the Secretary of State must have regard, in particular, to the effect of the Strategy on—
(a)the environment, and
(b)the safety of users of highways.
(6)The Secretary of State and the company must comply with the Road Investment Strategy.
(7)If a strategic highways company does not have a Road Investment Strategy currently in place, the Secretary of State must—
(a)lay before Parliament a report explaining why a Strategy has not been set, and
(b)set a Road Investment Strategy as soon as may be reasonably practicable.
(8)Schedule 2 (which contains provision about the procedure for setting or varying a Road Investment Strategy) has effect.
(1)The Secretary of State must from time to time direct a strategic highways company to prepare proposals for the management and development of particular highways in respect of which the company is appointed (“a route strategy”).
(2)A route strategy must relate to such period as the Secretary of State may direct.
(3)The strategic highways company must—
(a)comply with a direction given to it under subsection (1), and
(b)publish the route strategy in such manner as the company considers appropriate.
(4)A direction under subsection (1) must be published by the Secretary of State in such manner as he or she considers appropriate.
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