Cross-Border Railways Act 2018 · 2020 Revised Edition · Part 3 · Concessionaire for Railway Infrastructure
18. Concession agreement for railway infrastructure
Feedback & supportThe Minister may, on behalf of the Government, enter into one concession agreement relating to the construction, maintenance, operation and improvement of the railway infrastructure of a cross‑border railway.
concession agreement
“concession agreement” means an agreement entered into between the Government and a person (called in this Act the concessionaire) in return for the undertaking of such obligations by the person as may be specified in the agreement with respect to the design, construction, maintenance, operation or improvement of a cross‑border railway, and includes a concession agreement as varied or supplemented from time to time;
A concession agreement in subsection (1) may authorise the concessionaire to exercise, in place of the LTA, all or any of the LTA’s powers and functions in Division 2 of Part 2.
concessionaire
“concessionaire” means the person who is a party to the concession agreement, and includes the person for the time being entitled to exercise those rights because of an assignment or transfer of the agreement to that person;
The Minister may cause the grant to the concessionaire of a concession agreement a lease of any land it appears to the Minister to be expedient to do so for the purpose of or in connection with the exercise by the concessionaire of its functions under that agreement and this Act.