The Railways Infrastructure (Access, Management and Licensing of Railway Undertakings) Regulations (Northern Ireland) 2005

Business Plans

9.—(1) The infrastructure manager must draw up a business plan which is designed for the purpose of ensuring—

(a)optimal and efficient use and development of the infrastructure; and

(b)financial balance.

(2) The plan referred to in paragraph (1) must include details of investment and financial programmes, and provide the means by which the objectives set out in that paragraph are to be achieved.

(3) Railway undertakings must draw up a business plan, which must include their investment and financing programmes, and which is designed for the purpose of ensuring—

(a)financial equilibrium; and

(b)other technical, commercial and financial management objectives.

(4) The plan referred to in paragraph (3) must provide the means by which the objectives set out in that paragraph are to be achieved.

(5) The Department shall, at least once a year, request confirmation that a business plan has been produced in accordance with paragraphs (1) and (3) and each infrastructure manager or, as the case may be, railway undertaking, to whom such a request is made shall be under an obligation to comply with that request.