Explanatory note

These Regulations prescribe the information which must be contained in the statement required to be published together with a draft toll order promoted under section 27 of the New Roads and Street Works Act 1991 if that toll order authorises the special road authority to assign their rights to charge and to collect tolls to a third party (the “concessionaire”).

Regulation 2 deals with interpretation. Regulation 3 prescribes information to be included in the statement and covers such matters as the identity of the concessionaire and, where the concessionaire is a company, certain details regarding its shareholders (paragraphs (a) and (b)); the proposed length of the period during which the concessionaire will be entitled to charge and collect tolls (the “concession period”) and provision for early termination of that period (paragraph (c)); a summary of obligations undertaken by the concessionaire during the concession period in respect of maintenance of the toll road and other responsibilities in relation thereto (paragraph (d)); a summary of obligations undertaken by the concessionaire in return for the rights to charge and to collect tolls in respect of environmental matters, and provision of service facilities (paragraph (e)); and a summary of any undertakings by the concessionaire with regard to other roads affected by the toll road (paragraph (f)).