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 John Spellar (Minister of State (Transport), Department for Transport; Warley, Labour)
The essence of this fairly mundane and boring schedule is to ensure continuity and a seamless transition. The revision on compensation is just for completeness and to cover all circumstances and eventualities. It does not mean that compensation would necessarily be paid or that anyone would not serve out their term of office.