Public Transport Council Act 1987 · 2020 Revised Edition · Part 8 · Bus Fares, Street‑Hail and Ride‑Hail Farepricing Policies and Train Fares
49. Fare review mechanism
Feedback & supportLast amended by an amending law of 2015.
When approving under section 47, or approving on review under section 48, the price of any bus fare or train fare, the Council must do so only in accordance with the fare adjustment formula set out in the Third Schedule.
price
“price”, in relation to any fare, includes —(a)the amount of any rate, fee, levy and charge and any other valuable consideration (however described) for a journey by bus, train, taxi or bookable vehicle (as the case may be), whether or not it is paid or given to an operator of a bus service or train service, a provider of a street‑hail service or ride‑hail service or a driver of a bus, train, taxi or bookable vehicle;(b)the provision of, or arrangements for, a discount, concession, allowance, rebate or credit applying in relation to any amount in paragraph (a); and(c)in the case of a ride-hail fare, includes the amount of a booking fee,but does not include a consideration of a kind prescribed by the Minister by order in the Gazette for the purposes of this definition;
Where the bus fare charged by a public bus operator, or the train fare charged by a licensed rapid transit system operator, or the bus fare or train fare approved under section 47, or approved on review under section 48, for any year is less than the maximum permitted using the fare adjustment formula set out in the Third Schedule —
bus fare
“bus fare” means the price payable by a passenger for any bus service involving the carriage of the passenger on a bus;
no public bus operator or licensed rapid transit system operator is entitled to demand a bus fare or train fare that includes that excess for that year; but(b)the excess may be claimed (in whole or in part) by the public bus operator or licensed rapid transit system operator concerned when applying for approval of any bus fare or train fare for the subsequent year or years, up to the maximum permitted using that fare adjustment formula.
However, the Council may refuse to add the excess referred to in subsection (2) to any bus fare or train fare with respect to a public bus operator or licensed rapid transit system operator if the bus operator or rapid transit system operator makes no claim under subsection (2)(b) when applying under section 47 for approval of the bus fare or train fare.[24AB
Council
“Council” means the Public Transport Council established under section 3;