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In forceAmended2020 Revised Edition

Part 3 · Operation of Rapid Transit Systems

13A. Licence charge

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Amended

Last amended by an amending law of 2010.

(1)

In addition to the licence fee payable under section 13(3), a charge is payable by every person who is granted a licence on or after 13 September 2010, which is the amount determined by the Authority and specified in the licence, after taking into account —

(a)

the relative viability of operating and maintaining that rapid transit system in the network of rapid transit systems;

(b)

the long-term operational and maintenance needs of the railway network and the long‑term sustainability of each rapid transit system comprised in the network of rapid transit systems; and

(c)

the benefits and burdens that the operation and maintenance of that rapid transit system is likely to bring to and impose on the network of rapid transit systems.

(2)

A person who is to be granted a licence on or after 13 September 2010 must ordinarily be selected by the Authority from among those who submit tenders in response to an invitation to tender under this section for the right to operate (or to secure that a wholly‑owned subsidiary thereof operates) a rapid transit system under that licence.

(3)

Any such invitation to tender must specify that an applicant who tenders for a licence must state the amount (by reference to quantity or method or otherwise) that the applicant (or a wholly‑owned subsidiary thereof) is willing to pay for the grant of a licence (called in this Part a cash‑bid), in addition to the charge determined under subsection (1); and that cash‑bid is payable, together with the charge determined under subsection (1), by the applicant or its wholly‑owned subsidiary if the applicant or its wholly‑owned subsidiary (as the case may be) is granted a licence.

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Control of Designated Entities

Part 4

Safety of Railway

Part 4A

Special Administration Orders and Schemes of Transfers, Etc., for Licensees and Designated Operating Entities

Part 5

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Part 6

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