Railway Safety Act, 2024 (Act No. 30 of 2024)

Chapter 2 : Railway Safety Regulator

Purchase

(1)	The Railway Safety Regulator established by section 4 of the National Railway Safety Regulator Act, 2002 (Act No. 16 of 2002), continues to exist as a juristic person under this Act, and continues to be known as such, despite the repeal of that Act by section 70 of this Act.

(2)	The Public Finance Management Act applies to the Regulator.

(3)	The Regulator must operate and perform its functions in accordance with this Act.

(4)	Despite the provisions of any other law, the Regulator may not be placed under judicial management or in liquidation, unless authorised by an Act of Parliament.