Section 16 Transfer of functionsI1

(1)

The functions of the Rail Regulator are hereby transferred to the Office of Rail Regulation.

(2)

Subsection (1) applies to a function whether conferred by an enactment, by an agreement or otherwise.

(3)

All property, rights and liabilities to which the Rail Regulator is entitled or subject at the coming into force of this section (including rights and liabilities relating to staff) are hereby transferred to the Office of Rail Regulation.

(4)

The office of the Rail Regulator is hereby abolished.

(5)

Schedules 2 (consequential amendments) and 3 (savings, &c.) shall have effect.

Annotations

Commencement

I1: S. 16 in force at 5.7.2004 by S.I. 2004/827, art. 4(b)

Notes on Part 2

Textual amendments

F1: Words in Pt. 2 substituted (16.10.2015) by The Office of Rail Regulation (Change of Name) Regulations 2015 (S.I. 2015/1682), reg. 1(2), Sch. para. 2(a)