Consents for condition 4 of Network Rail's network licence

Consents granted since the modification to Condition 4 (Financial ring-fence) on 18 Nov 2002 are listed below.

Date of consent Issue Period Links to documents
18-Nov-02 Operation of stations and depots Ongoing ORR consent
10-Apr-03 Payment to Great Western Trains Company for GWTC provision of a standby train Summer change date 2003 to Summer change date 2004 ORR consent
16-May-03 Project Rio - payments to Midland Main Line for provision of passenger services between StPancras and Manchester Piccadilly Summer change date 2003 to Summer change date 2004 ORR consent
21-May-04 Date extension for Project Rio - payments to Midland Main Line for provision of passenger services between St Pancras and Manchester Piccadilly Summer change date 2004 to 11 Sep 2004 ORR consent
11-Nov-05 GB Railfreight wagon swap 11 Nov 2005 to 7 Jun 2006 ORR consent
08-Jun-05 Consent to property-related activities 8 June 2005 to 7 June 2006 ORR consent
06-Jun-06 Consent to property-related activities 8 June 2006 - 31 March 2009 ORR consent
25-Sep-06 Payment of:
95m to DfT and TS re overstatement of debt in ACR2003; and
275m to DfT re compensation for additional funding provided
n/a ORR consent
30-Oct-06 Ownership of locomotives for the trial of ERTMS on the Cambrian route 30 Oct 2006 to 31 Dec 2018 ORR consent
12-Apr-07 Financial indebtedness consent n/a ORR consent
11-Sep-07 Consent to act as a NoBo for third party activities ongoing ORR consent
17-Mar-09 Extension of property related activities Extend to 31 March 2010 ORR consent
Reasons letter

Last updated: 19 August 2009