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Change 1
As published
29 Other terms and conditions of franchise agreements.
(1) A franchise agreement may require—
(a) the rendering to the Franchising Director by the franchisee or the franchise operator of payments of such amounts and at such intervals as may be specified in, or determined by or under, the franchise agreement; . . .
(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(2) A franchise agreement may include provision requiring the franchisee—
(a) to operate any additional railway asset; or
(b) to secure the operation of any additional railway asset by the franchise operator or any other wholly owned subsidiary of the franchisee.
(3) A franchise agreement shall include provision specifying the franchise term and may include provision enabling that term to be extended by such further term as may be specified in the franchise agreement.
(4) Without prejudice to the generality of the provisions relating to property, rights and liabilities that may be included in a franchise agreement, a franchise agreement may include provision requiring the franchise operator—
(a) to acquire from such person as may be specified in the franchise agreement, and to use, such property or rights as may be so specified; or
(b) to undertake such liabilities as may be so specified.
(5) Subject to any requirements imposed by or under this Act, a franchise agreement may contain any such provisions as the appropriate franchising authority may think fit.
(6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(8) In this Part, “additional railway asset” means any network, station or light maintenance depot, and any reference to an additional railway asset includes a reference to any part of an additional railway asset.
Your change, as a redline
29 Other terms and conditions of franchise agreements.
(1) A franchise agreement may require—
(a) the rendering to the Franchising Director by the franchisee or the franchise operator of payments of such amounts and at such intervals as may be specified in, or determined by or under, the franchise agreement; . . .
(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(2) A franchise agreement may include provision requiring the franchisee—
(a) to operate any additional railway asset; or
(b) to secure the operation of any additional railway asset by the franchise operator or any other wholly owned subsidiary of the franchisee.
(3) A franchise agreement shall include provision specifying the franchise term and may include provision enabling that term to be extended by such further term as may be specified in the franchise agreement.
(4) Without prejudice to the generality of the provisions relating to property, rights and liabilities that may be included in a franchise agreement, a franchise agreement may include provision requiring the franchise operator—
(a) to acquire from such person as may be specified in the franchise agreement, and to use, such property or rights as may be so specified; or
(b) to undertake such liabilities as may be so specified.
(5) Subject to any requirements imposed by or under this Act, a franchise agreement may contain any such provisions as the appropriate franchising authority may think fit.
(6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(8) In this Part, “additional railway asset” means any network, station or light maintenance depot, and any reference to an additional railway asset includes a reference to any part of an additional railway asset.
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