# The Railways (Access, Management and Licensing of Railway Undertakings) (Amendments etc.) (EU Exit) Regulations 2019, Regulation 39

Extent: E+W+S+N.I.

In Article 15 (result of the economic equilibrium test), in paragraph 1, for “Article 11(1) of Directive 2012/34/EU” substitute “ regulation 33 of the 2016 GB Regulations or, as the case may be, regulation 33 of the 2016 NI Regulations ”.

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Source: https://www.legislation.gov.uk/uksi/2019/518/regulation/39 (the official version)
Page: https://openlegislation.uk/railways-access-management-and-licensing-of-railway-undertakings-amendments-etc-eu-exit-regulations-2019/regulation-39
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.