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Agency overview | |
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Formed | 1 December 1993 |
Dissolved | 4 July 2004 |
Superseding agency | |
Type | Non-ministerial government department |
Jurisdiction | United Kingdom |
Agency executive |
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Key document |
The Rail Regulator was a statutory office holder, created with effect from 1 December 1993 by section 1 of the Railways Act 1993, for the independent economic regulation of the British railway industry. The Rail Regulator was in charge of an executive agency called the Office of the Rail Regulator.
The office was abolished from 4 July 2004, using powers under the Railways and Transport Safety Act 2003, when (in line with constitutional changes made to other economic regulatory authorities) the single-person regulator model was replaced by a nine-member corporate board called the Office of Rail Regulation.
Under the Railways Act 2005, the Office of Rail Regulation was later given safety jurisdiction in addition to economic regulatory functions.