# The Brecon Mountain Railway (Transfer) Order 2025, Article 4: Transfer of the railway by Undertaker


(1) At any time after the Transfer Date the Undertaker may, with the consent of the Welsh Ministers, sell or lease the railway, or part of it, to any Transferee on such terms and conditions as may be agreed between the Undertaker and the Transferee.
(2) Except as may be otherwise provided by this Order—
(a) the Transferred Undertaking will continue to be subject to all statutory or other provisions applicable to it at the date of the lease or sale (in so far as those provisions are still subsisting and capable of taking effect), and
(b) the Transferee is, to the exclusion of the Undertaker—
(i) entitled to the benefit of, and to exercise, all rights, powers and privileges applicable to the Transferred Undertaking, and
(ii) subject to all obligations, statutory or otherwise, relating to the transferred undertaking (in so far as those provisions are still subsisting and capable of taking effect) to the intent that the Undertaker is released from all such obligations.
(3) Where an agreement has been made by virtue of paragraph (1), references in this Order to the Undertaker shall include reference to the Transferee.
(4) Paragraphs (1), (2) and (3) have effect during the continuance of any lease granted and from the operative date of any sale, under the powers conferred by this article.

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Source: https://www.legislation.gov.uk/wsi/2025/623/article/4 (the official version)
Page: https://openlegislation.uk/brecon-mountain-railway-transfer-order-2025/article-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.