2The Transport Act 1968 has effect subject to the following amendments.
3(1)Section 10(1) (general powers of Passenger Transport Executives) is amended as follows.
(2)In paragraph (vi), for the words from “the Railways Board” to “may be)” substitute “the Strategic Rail Authority or any wholly-owned subsidiary of the Strategic Rail Authority in respect of railway passenger services provided”.
(3)After that paragraph insert—
“(viza) to enter into agreements with the Strategic Rail Authority under which the Executive make payments to the Strategic Rail Authority in respect of the cost incurred by it in securing the provision of a bus substitution service (within the meaning of the [1993 c. 43.] Railways Act 1993) between places in that area or between such places and places outside that area but within the permitted distance for the purposes of paragraph (ii) of this subsection;”.
4In section 15(1)(d) (approval of agreements), for the words from “the Railways Board” to “the wholly-owned subsidiary” substitute “the Strategic Rail Authority or a wholly-owned subsidiary of the Strategic Rail Authority for the provision”.
5(1)Section 20 (securing provision of railway services for passenger transport area) is amended as follows.
(2)In subsection (2), for the words from “and subject” to “services as the Authority” substitute “, to enter into such agreements with the Strategic Rail Authority or any wholly-owned subsidiary of the Strategic Rail Authority as the Passenger Transport Authority for that area may approve for securing the provision of such railway passenger services as the Passenger Transport Authority”.
(3)In subsection (3), for “The Railways Board” substitute “The Strategic Rail Authority”.
(4)In subsection (4), for the words from “the Railways Board” to “the subsidiary” substitute “the Strategic Rail Authority or a wholly-owned subsidiary of the Strategic Rail Authority in respect of the railway passenger services provided”.
(5)In subsection (6)—
(a)for the words from “the Railways Board” to “that Board” substitute “the Strategic Rail Authority or any wholly-owned subsidiary of the Strategic Rail Authority”, and
(b)for “the Board or the subsidiary” substitute “the Strategic Rail Authority or the subsidiary”.