Model Clauses. 19.1 If at any time prior to the Expiry Date model clauses are prepared and published by the Regulator pursuant to and in accordance with section 21 of the Act (the “Model Clauses”), the parties shall discuss in good faith what changes, if any, should be made to this Agreement to reflect the incorporation into this Agreement of any one or more of the Model Clauses, and any changes consequent thereon (the “Model Clauses Adjustments”). 19.2 If the parties agree to make changes to this Agreement as a result of the Model Clauses Adjustments, the parties shall submit the relevant changes agreed to this Agreement to the Regulator for his approval pursuant to section 22 of the Act. 19.3 If the parties do not consider that changes to reflect the Model Clauses Adjustments should be made to this Agreement or if the parties fail to agree that there should be changes or on what those changes should be within three months of commencing the discussions referred to in Clause 19.1, then no changes shall be made to this Agreement.
Appears in 7 contracts
Samples: Track Access Agreement (Passenger Services), Track Access Agreement (Passenger Services), Track Access Agreement
