Paragraph 8
England, Wales and Scotland
The ORR shall not find the railway undertaking to be financially fit if the railway undertaking has F1considerable or recurrent arrears of taxes or social security payments which are owed as a result of the undertaking's activity.
Annotations
Textual amendments
- F1
Words in Sch. 2 para. 8 substituted (29.7.2016) by The Railways (Access, Management and Licensing of Railway Undertakings) Regulations 2016 (S.I. 2016/645), regs. 1(1), 39(11)(c) (with reg. 4)
Notes on Schedule 2
Textual amendments
- F1
Words in Sch. 2 heading substituted (31.12.2020) by The Railway (Licensing of Railway Undertakings) (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/700), regs. 1(2), 18(a) (with regs. 32-39); 2020 c. 1, Sch. 5 para. 1(1)