Paragraph 34 I1

England, Wales and Scotland

(1)

Section 54 (exercise of functions for purpose of encouraging investment in railways) is amended as follows.

(2)

In subsection (1)—

(a)

for “Franchising Director” substitute “ Authority ”, and

(b)

for “his, or (as the case may be) their,” substitute “ their ”.

(3)

In subsection (2)—

(a)

for “Franchising Director” (in both places) substitute “ Authority ”, and

(b)

for “franchising functions of his” substitute “ any of its franchising functions ”.

(4)

In subsection (3)—

(a)

for “Franchising Director” substitute “ Authority ”,

(b)

for “functions of his under” substitute “ of the Authority’s functions under ”,

(c)

for “him” substitute “ the Authority ”, and

(d)

for “his which” substitute “ the Authority which ”.

Annotations

I1: Sch. 16 wholly in force at 1.2.2001, see s. 275(1) and S.I. 2001/57, art. 3(1), Sch. 2 Pt. I (subject to the transitional provision and saving in Sch. 2 Pt. II)

I1: Sch. 16 wholly in force at 1.2.2001, see s. 275(1) and S.I. 2001/57, art. 3(1), Sch. 2 Pt. I (subject to the transitional provision and saving in Sch. 2 Pt. II)