Division 7 Procedure in case of bankruptcy
United Kingdom
If a railway undertaking or infrastructure manager goes bankrupt, the new company that takes over the operation of the service shall be responsible for the data contained in the register of complementary certificates.
The F1ORR or the Department, as the case may be, according to where the railway undertaking or infrastructure manager is established, shall be the repository of data contained in the register of complementary certificates if the activity is not taken over by another company.
Annotations
Textual amendments
- F1
Words in Annex 2 Ch. 7 substituted (31.12.2020) by The Train Driving Licences and Certificates (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/677), regs. 1(2), 3(6)(f); 2020 c. 1, Sch. 5 para. 1(1)