Part I The Channel Tunnel Rail Link

Functions of the Rail Regulator

21 Duties as to exercise of regulatory functions.

(1)

The F1Office of Rail Regulation shall have an overriding duty to exercise F2its regulatory functions in such a manner as not to impede the performance of any development agreement.

F3(2)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F3(3)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F3(4)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F3(5)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(6)

In this section—

F4...F4...F4...

F4...F4...F4...

F4...F4...F4...M1F4...

references to the F1Office of Rail Regulation’s regulatory functions are to the functions assigned or transferred to F5it under or by virtue of Part I of the Railways Act 1993 F6other than any functions assigned to F5it by virtue of section 67(3) of that Act (“Competition Act functions”).

(7)

The F1Office of Rail Regulation may, when exercising any Competition Act function, have regard to any matter to which F5it would have regard if—

(a)

F5it were under the duty imposed by subsection (1) F7... above in relation to that function; and

(b)

the matter is one to which F8the Competition and Markets Authority could have regard if F9it were exercising that function.

F1021AFees

(1)

Subject to this section, the Office of Rail Regulation may by notice require a rail link undertaker to pay a fee in respect of the exercise of any of the Office of Rail Regulation's functions in relation to the rail link.

(2)

The amount of a fee under subsection (1) in any case shall be—

(a)

such amount as is reasonably incurred by the Office of Rail Regulation in the exercise of the function in relation to the rail link, or

(b)

in a case where there is more than one rail link undertaker, such proportion of the amount referred to in paragraph (a) as the Office of Rail Regulation considers it reasonable for the rail link undertaker to pay.

(3)

Subsection (1) does not apply to the functions assigned to the Office of Rail Regulation by virtue of section 67(2) and (3) of the Railways Act 1993.

(4)

A notice under this section must specify—

(a)

the amount of the fee to be paid, and

(b)

the date by which it is to be paid.

(5)

Any amount payable under a notice under this section which remains unpaid after the date specified in the notice may be recovered by the Office of Rail Regulation as a civil debt due to it.

(6)

The Office of Rail Regulation may revise a notice under this section by a further such notice.

(7)

The Office of Rail Regulation may refund any amount which, further to any revised notice under subsection (6), appears to have been overpaid to it.

F1122 Restriction of functions in relation to competition etc.

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .