Audits
This section has no associated Explanatory Memorandum
16. In regulation 35 (audits)—
(a)in paragraph (1) after “provisions laid down in regulation 9” insert “and the provisions on financial transparency laid down in regulation 9A”; and
(b)after paragraph (3) insert—
“(3A) In the case of vertically integrated undertakings, the powers of the Office of Rail and Road under this regulation extend to all legal entities within the vertically integrated undertaking.”.