Transport Administration Act 1988

A rail access agreement entered into by Rail Infrastructure Corporation, and in force immediately before the commencement of this clause—

continues in force, and

to the extent that it relates to rail infrastructure facilities vested in RailCorp by the amending Act, is taken to have been entered into by RailCorp.

For the purposes of any such agreement, RailCorp may act as the agent of Rail Infrastructure Corporation under the agreement and may exercise any of the functions of Rail Infrastructure Corporation under that agreement.

Nothing in this clause prevents the variation, termination or replacement of a rail access agreement continued by this clause.

In this clause, rail access agreement means an agreement entered into by Rail Infrastructure Corporation pursuant to the NSW Rail Access Regime or the RIC access undertaking, that permits a person to operate rolling stock on the NSW rail network.