Functions of TAM
7 Functions of TAM
The functions of TAM are as follows—
to hold, manage, operate and maintain transport assets vested in or owned by it, or to be vested in or owned by it,
to establish, finance, acquire, construct and develop transport assets to be vested in or owned by it,
to promote and facilitate access to the part of the NSW rail network vested in or owned by TAM in accordance with a current NSW rail access undertaking or otherwise lease or make available transport assets vested in or owned by TAM to other persons or bodies,
to acquire and develop land to enable TAM to carry out its other functions, including the acquisition of land under sections 8 and 9,
to sell, lease or otherwise dispose of land vested in or owned by it,
to make and enter into contracts or arrangements with other persons to enable TAM to carry out its other functions,
to appoint agents, and act as agents for other persons,
to make and enter into contracts or arrangements with a public transport agency to enable TAM to exercise its functions in relation to assets vested in or owned by the public transport agency,
with the approval of the Minister, to dispose of vehicles, vessels, wharves, engines, carriages, plant, machinery or equipment vested in or owned by TAM.
TAM may—
provide facilities or services that are necessary, ancillary or incidental to its functions, and
conduct a business or activity, whether or not related to its functions under subsection (1), that it considers will further its objectives.
TAM also has the other functions that are conferred or imposed on it by or under another Act or law.
TAM cannot employ staff.
If TfNSW gives written notification to TAM of the way in which it exercises the TfNSW functions listed in Schedule 1, Parts 1 and 2, TAM must, in the exercise of its functions, have regard to the information in the notification.
The Minister may authorise TAM to carry out its functions outside of the State.
This Act’s bill:Explanatory memorandum
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