Cross-Border Railways Act 2018 · 2020 Revised Edition · Part 4 · Railway Assets Operator
21. Railway assets operator
Feedback & supportThe concessionaire under a concession agreement granted under Part 3 for a cross‑border railway, or the LTA if no concession agreement is granted, may, in accordance with the bilateral railway agreement for that cross‑border railway, authorise by a railway assets contract one person (called in this Act the railway assets operator) —
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;
to have the management of the railway assets of that cross‑border railway;
to provide network services involving the railway assets of that cross‑border railway; and
to perform such other functions specified in the bilateral railway agreement relating to that cross‑border railway in relation to those railway assets.
The concessionaire or LTA (as the case may be) may grant to the railway assets operator a lease of any railway infrastructure or railway asset as it appears to the concessionaire or LTA (as the case may be) to be expedient to do so for the purpose of or in connection with the exercise by the railway assets operator of its functions under the railway assets contract and this Act.
LTA
“LTA” means the Land Transport Authority of Singapore established under the Land Transport Authority of Singapore Act 1995;