Remedy
Start free

Section 116: Interpretation of Part II.

Railways Act 1993 · 1993 c. 43View on legislation.gov.uk

Part II: Re-organisation of the Railways

In this Part, unless the context otherwise requires—

  • "dispose", in relation to any land, includes the making of any disposition and "disposal" shall be construed accordingly;

  • "franchise company" has the meaning given by section 85(8) above;

  • "property", "rights" and "liabilities" shall be construed in accordance with section 85(2) above and subsection (2) below;

  • "successor company" means a company in which any property, rights or liabilities are vested by virtue of and in accordance with a transfer scheme;

  • "transfer date" has the meaning given by section 85(6) or, as the case may be, 86(5)(b) above;

  • "transferee" and "transferor", in relation to any transfer of property, rights or liabilities effected or proposed to be effected by virtue of a transfer scheme, mean respectively the person to whom and the person from whom they are, or are to be, so transferred.

Any reference in this Part to property, rights or liabilities is a reference to property or (as the case may be) rights or liabilities—

whether or not capable of being transferred or assigned otherwise than under or by virtue of this Act;
whether situate or subsisting in the United Kingdom or elsewhere; and
whether the person entitled to the property or rights or, as the case may be, subject to the liabilities is so entitled or subject—
under the law of the United Kingdom or of any part of the United Kingdom; or
under the law of any country or territory outside the United Kingdom;

and references to an undertaking or part of an undertaking shall be construed accordingly.

About this text

This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.