New South Wales Consolidated Acts

TRANSPORT ADMINISTRATION ACT 1988 - SECT 19E

19E Functions of RIC

(1) Rail Infrastructure Corporation has the functions conferred or imposed on it by or under this or any other Act or law.

(2) The principal functions of Rail Infrastructure Corporation are:

(a) to hold, manage, maintain and establish rail infrastructure facilities on behalf of the State, and

(b) to provide persons with access under the current NSW rail access undertaking to the part of the NSW rail network vested in or owned by Rail Infrastructure Corporation.

(4) Rail Infrastructure Corporation may:

(a) provide facilities or services that are ancillary or incidental to its principal functions, and

(a1) supply goods and services to the rail industry, and

(b) conduct any business (whether or not related to its principal functions) that it considers will further its objectives.

(5A) Rail Infrastructure Corporation is not to conduct any business outside the State that is not related to the NSW rail network without the approval of the Premier, Minister and Treasurer.

(6) Each annual report of Rail Infrastructure Corporation prepared under the Annual Reports (Statutory Bodies) Act 1984 must include a section that:

(a) identifies the trends in access for passenger and freight services on the part of the NSW rail network vested in or owned by Rail Infrastructure Corporation, and

(b) having regard to those trends, identifies any parts of the part of the NSW rail network vested in or owned by Rail Infrastructure Corporation where there is or is likely to be insufficient capacity for passenger or freight services, and

(c) sets out what Rail Infrastructure Corporation proposes should be done to ensure sufficient capacity for those services.

(7) This section (except subsection (5A)) does not limit the functions of Rail Infrastructure Corporation apart from this section, but is subject to the provisions of the State Owned Corporations Act 1989 , this Act and any other Act or law.

(8) Subsection (2) (b) does not apply to any part of the NSW rail network subject to an ARTC lease or licence.