Track access grant

28.07.2013 21:54

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Track access grant

1) Government scheme to provide funds in support of a switch from road to rail. Specifically this grant covers up to 100 per cent of the track charges imposed by the rail track owners Railtrack. Provided for under the Railways Act 1993. See also Freight facilities grant, Section 8 grant and PACT.

Source: David Lowe. The Dictionary of Transport and Logistics. Kogan Page, 2002. – P.250 (288 p.)


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