SCHEDULE 24 Review of Access Charges by Regulator
Transport Act 2000 (2000 c 38) | Legislation

SCHEDULE 24 Review of Access Charges by Regulator

Section 231

The Schedule to be inserted after Schedule 4 to the Railways Act 1993 is as follows—

“SCHEDULE 4A
Review of Access Charges by Regulator
Introductory
1

(1)     For the purposes of this Schedule an access charges review is a review by the Regulator of the terms of an access agreement, or of the terms of an access agreement and the conditions of any linked licence, as to—

(a)     the amounts payable under the access agreement by one of the parties to the other; and

(b)     the times at which, and manner in which, those amounts are payable.

(2)     In this Schedule “linked licenceâ€, in relation to an access agreement, means a licence of which the holder is—

(a)     the facility owner, or installation owner, who is a party to the access agreement; or

(b)     any other person who has an estate or interest in, or right over, the railway facility or network installation to which the access agreement relates.

Main provisions
2

(1)     The procedure for the implementation of an access charges review shall be as provided for by paragraphs 4 to 16 of this Schedule.

(2)

Powered by Lexis+®
 

Popular documents

LEXISNEXIS

Third party rights—the common law doctrine of privity of contract

Third party rights—the common law doctrine of privity of contractThis Practice Note discusses the common law doctrine of privity of contract; the equitable and statutory exceptions to it; how the doctrine affects enforcing a contract against a third party and what happens when, notwithstanding the

LEXISNEXIS

Directors’ remuneration

Directors’ remunerationCompany directors are not, by virtue only of their office as director, automatically entitled under company law to remuneration for services as a director or to reimbursement of expenses incurred in rendering such services. Power to pay directors remuneration for their

LEXISNEXIS

Repudiation

RepudiationThis Practice Note concerns repudiation and sets out what a repudiatory breach of contract means. It explains how a repudiatory breach goes to the core of the contract and the options or remedies available to an innocent party as a result of the other party’s repudiation, which include

LEXISNEXIS

What is electronic money?

What is electronic money?BREXIT: 11pm (GMT) on 31 December 2020 (‘IP completion day’) marked the end of the Brexit transition/implementation period entered into following the UK’s withdrawal from the EU. Following IP completion day, key transitional arrangements come to an end and significant