Consents for condition 16 of Network Rail's network licence - financial ring-fence

Body

Consents granted/denied since the modification to Condition 16 (financial ring-fence) on 18 Nov 2002 are listed below.

Date of consentIssuePeriodLinks to documents
28 Mar 2019Property-related activities in CP6

01 Apr 2019 to 31 Mar 2024

ORR consent
14 Mar 2019Euston Station development agreement01 Apr 2019 to 31 Mar 2024ORR consent
15-Jan-2018Euston Station development agreement15 Jan 2018 - 31 Mar 2019ORR consent
29-Sept-2015New form of consent to property related activities29 Sept 2015 - 31 Mar 2019ORR consent
25-Mar-15Extension of consent to property related activities1 Apr 2015 - 30 Sept 2015ORR consent
08-07-14Acquisition of Grand Central shopping centreNot applicableDecision
27-Mar-14Extension of consent to property related activities1 Apr 2014 - 31 Mar 2015ORR consent
28-Feb-13 Dividend payment from NRIL to NR Holdco n/a ORR consent
13-Feb-13 Transfer of BRBR assets to Network Rail ongoing ORR consent
30-Sep-10 Consent to property related activities 1 Oct 2010 - 31 Mar 2014 ORR consent
Cover letter
14-May-10 Consent in respect of services to High Speed 1 ongoing ORR consent
26-Mar-10 Consent to property related activities - extension to consent 08/06/05 1 Apr 2010 - 30 Sep 2010 ORR consent
Cover letter
17-Mar-09 Extension of property related activities Extend - 31 Mar 2010 ORR consent
Reasons letter
21-Jul-08 Establishment of a multi-site joint venture for the development of several stations in south east England ongoing ORR consent
Reasons letter
11-Sep-07 Consent to act as a NoBo for third party activities ongoing ORR consent
12-Apr-07 Financial indebtedness consent n/a ORR consent
30-Oct-06 Ownership of locomotives for the trial of ERTMS on the Cambrian route 30 Oct 2006 - 31 Dec 2018 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
06-Jun-06 Consent to property related activities 8 Jun 2006 - 31 Mar 2009 ORR consent
08-Jun-05 Consent to property related activities 8 Jun 2005 - 7 Jun 2006 ORR consent
11-Nov-05 GB Railfreight wagon swap 11 Nov 2005 - 7 Jun 2006 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
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
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
18-Nov-02 Operation of stations and depots Ongoing ORR consent