# The Railway (Licensing of Railway Undertakings) Regulations 2005, Paragraph 2

Extent: E+W+S

Without prejudice to the generality of its powers under paragraph 1, the ORR shall not determine that a railway undertaking is of good repute if—
(a) an order has been made by the court for the winding up of the undertaking or the sequestration of its estate under insolvency legislation or any appropriate officer of the undertaking for the time being has been made bankrupt or his estate has been sequestrated under that legislation;
(aa) any appropriate officer of the undertaking has a debt relief order made in respect of him (under Part 7A of the Insolvency Act 1986);
(b) the undertaking or any appropriate officer of the undertaking has been convicted of a serious offence, including in particular an offence contrary to the law relating to commercial transactions, or the law relating to transport; or
(c) the undertaking or any appropriate officer of the undertaking has been convicted of a serious offence which is contrary to either of the following laws, or has been convicted repeatedly of offences which are contrary to either of those laws—
(i) social or labour law (including legislation relating to occupational health and safety); or
(ii) in the case of an undertaking seeking to operate cross-border goods transport subject to customs procedures, customs law.

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Source: https://www.legislation.gov.uk/uksi/2005/3050/schedule/2/paragraph/2 (the official version)
Page: https://openlegislation.uk/railway-licensing-of-railway-undertakings-regulations-2005/schedule-2/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.