Regulation 22 Review of requirements as to frequencies or timings by lead authority
Where an authority or authorities make a scheme which specifies a standard of services which includes requirements as to the frequency or timing of services the lead authority may, if it considers that either or both of the conditions in paragraph (2) are met in relation to any or all of those requirements, start a review of those requirements by issuing a written review notice to relevant participating operators.
The conditions are that—
there has, since the relevant date, been a change in market conditions which materially affects the ability of relevant participating operators, acting in a competent and efficient manner, to secure an appropriate rate of return from continuing to operate existing services in accordance with the requirements as to the frequency or timing of services specified in the scheme; or
the existing requirements are no longer consistent with the local transport policies of the lead authority or of the other authority or of any of the other authorities (as the case may be) by whom the scheme is made.
The review notice must propose either—
that the requirements as to the frequency or timing of services contained in the scheme, or any part of the scheme, should cease to have effect; or
that those requirements should be revised.