Schedule 3 - Abolition of Rail Regulator: Savings, &c. Question proposed, That this schedule be the Third schedule to the Bill.
Railways and Transport Safety Bill
10:15 am
Mr Don Foster (Bath, Liberal Democrat)
To save my having to give a speech, perhaps the hon. Lady will ask the Minister to explain why there might be a need for compensation? He assured us that the new body will not come into force until 2004, which is when the contract for the existing rail regulator will come to an end. While she is at it, and to avoid doubt, the hon. Lady might ask the Minister whether all other employees who now work for the Office of the Rail Regulator will have their pensions continued. That seems not to be covered in paragraph 5.