Cross-Border Railways Act 2018 · 2020 Revised Edition · Part 4 · Railway Assets Operator
23. Railway assets contract non-transferable
Feedback & supportA railway assets contract, and any right, benefit or privilege of a railway assets operator under a railway assets contract, are transferable only with the prior written consent of the Minister.
railway assets contract
“railway assets contract” has the meaning given by section 22;
A transfer or an assignment, or a purported transfer or assignment, of a railway assets contract, or of any right, benefit or privilege of a railway assets operator under the railway assets contract, in contravention of subsection (1), is void and of no effect.
railway
“railway” means a network or system of fixed horizontal rails, tracks, grooves or other guide‑ways on, under or above the ground along which a train moves or runs, and includes —(a)all railway assets built, installed or used for the operation of the railway; and(b)all railway infrastructure constructed or intended to be constructed for any railway and any extension of the railway;