Railways Act 1993

32 Power of Passenger Transport Executives to enter into agreements with wholly owned subsidiaries of the Board

(1) The [1968 c. 73.] Transport Act 1968 shall have effect with the following amendments, which are made for the purpose of enabling Passenger Transport Executives to enter into agreements under section 20(2)(b) of that Act (securing provision of railway services considered appropriate to meet public transport requirements for the Executive’s area) with wholly owned subsidiaries of the Board, as well as with the Board.

(2) In section 10(1)(vi) (power of Executive to make payments to the Board for certain services)—

(a) after the words “Railways Board” there shall be inserted the words “, or any wholly-owned subsidiary of that Board,”; and

(b) after the words “the Board” there shall be inserted the words “or the subsidiary (as the case may be)”.

(3) In section 15(1)(d) (Executive to obtain the Authority’s approval of any agreement proposed to be entered into otherwise than under section 20(2)(b) with the Board for the provision by the Board of certain services)—

(a) after the words “Railways Board” there shall be inserted the words “or a wholly-owned subsidiary of that Board”; and

(b) after the words “the Board” there shall be inserted the words “or the wholly-owned subsidiary”.

(4) In section 20(2)(b)—

(a) after the words “section 10 of this Act” there shall be inserted the words “and subject to sections 33 and 34 of the Railways Act 1993”;

(b) after the words “that Board” there shall be inserted the words “, or with any wholly-owned subsidiary of that Board,”; and

(c) for the words “the Board” there shall be substituted the words “, between them, the Board and their wholly-owned subsidiaries”.

(5) In section 20(4) (payments to the Board)—

(a) after the words “to the Railways Board” there shall be inserted the words “or a wholly-owned subsidiary of that Board”; and

(b) after the words “provided by the Board” there shall be inserted the words “or the subsidiary”.

(6) In section 20(6) (resolution of disputes)—

(a) after the words “Railways Board” there shall be inserted the words “or any wholly-owned subsidiary of that Board”; and

(b) after the words “the Board” there shall be inserted the words “or the subsidiary”.