PART 1

Strategic highways companies

Oversight

Monitor: general duties
12
1
The Office of Rail and Road must exercise its functions under sections 10 and 11 in the way that it considers most likely to promote—
a
the performance, and
b
the efficiency,
of the strategic highways company.
2
The Office must also, in exercising those functions, have regard to—
a
the interests of users of highways,
b
the safety of users of highways,
c
the economic impact of the way in which the strategic highways company achieves its objectives,
d
the environmental impact of the way in which the strategic highways company achieves its objectives,
e
the long-term maintenance and management of highways, and
f
the principles in subsection (3).
3
The principles are that—
a
regulatory activities should be carried out in a way which is transparent, accountable, proportionate and consistent, and
b
regulatory activities should be targeted only at cases in which action is needed.
S. 12 in force at 5.3.2015 by S.I. 2015/481, reg. 2(a)
Words in s. 12(1) substituted (16.10.2015) by The Office of Rail Regulation (Change of Name) Regulations 2015 (S.I. 2015/1682), reg. 1(2), Sch. Pt. 1 para. 4(x)