ORR

17.07.2013 06:43

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ORR

1) Office of the Rail Regulator. The Rail Regulator is an independent statutory officer appointed by government under the Railways Act 1933. His focus is on the monopoly and dominant elements of Britain's railways, principally Railtrack, and he regulates in the public interest, balancing these duties and functions.

He is particularly concerned with regulating economic aspects of Railtrack's operation, especially its access charges.

Source: David Lowe. The Dictionary of Transport and Logistics. Kogan Page, 2002. – P.175 (288 p.)


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