SCHEDULES

SCHEDULE 3Abolition of Rail Regulator: Savings, &c.

5

1

Section 16 is without prejudice to any personal right or liability of any person who held the office of the Rail Regulator.

2

In particular, the Secretary of State may continue to make payments in accordance with arrangements made before commencement for or in respect of a pension for a person who held the office of the Rail Regulator.

3

The Secretary of State may pay compensation to the last person who held the office of the Rail Regulator.