Regulation 84 I1

United Kingdom

In Article 11 (result of economic equilibrium test)—

(a)

in paragraph 1, for “Article 11(2) of Directive 2012/34/EU” substitute “ regulation 5(6) and regulation 33 of the 2016 GB Regulations or, as the case may be, regulation 4(7) and regulation 33 of the 2016 NI Regulations ”;

(b)

in paragraph 2, at point (a), for “Article 10(2) of Directive 2012/34/EU” substitute “ regulation 5(1) to (4) of the 2016 GB Regulations or, as the case may be, regulation 4(1) to (5) of the 2016 NI Regulations ”;

(c)

in paragraph 3—

(i)

for “new service as defined by Article 3(36) of Directive 2012/34/EU” substitute “ new high speed passenger service, being a passenger rail service operated without intermediate stops between two places separated by a distance of at least 200km on specially-built high-speed lines equipped for speeds generally equal to or greater than 250km/h and running on average at those speeds ”;

(ii)

for “Article 11a of Directive 2012/34/EU” substitute “regulation 5(6) and regulation 33 of the 2016 GB Regulations or, as the case may be, regulation 4(7) and regulation 33 of the 2016 NI Regulations”;

(d)

in paragraph 5, for “listed in Article 11(3) of Directive 2012/34/EU” substitute “ referred to in regulation 33(6)(d) of the 2016 GB Regulations or, as the case may, be regulation 33(6)(d) of the 2016 NI Regulations, ”.

Annotations

Commencement

I1: Reg. 84 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(3)(b)