Passenger Transport (General) Regulation 2017

The Secretary is to compile a list of one or more persons (the arbitrators panel list) considered by the Secretary to be suitable to be arbitrators for the purposes of valuation arbitrations.

The Secretary may include a person in the arbitrators panel list only if—

the Secretary is satisfied that the person has demonstrated experience in the bus industry or other transport industry and, in particular, in the valuation of bus service assets or similar kinds of assets, and

the person consents to being included in the list, and

the Secretary has given the Association written notice of the person’s name and qualifications for appointment (an inclusion notice), and

the Association has given the Secretary its written consent to the person’s inclusion in the list.

For the purposes of subclause (2)(d), the Association is taken to have consented to a person’s inclusion in the arbitrators panel list if the Association fails, within 7 working days after receiving an inclusion notice, to inform the Secretary in writing about whether or not it consents to the person’s inclusion in the list.

The Secretary may, in consultation with the Association, amend or revoke the arbitrators panel list.