Common use of Restrictions on Creation of Fares Clause in Contracts

Restrictions on Creation of Fares. 2.1 The Franchisee shall set the Child Price for any Fare that it Creates so that that Fare may be purchased by or for a person under the age of 16 for an amount which is no greater than the lowest amount that would be paid if that person were the holder of a 16 to 25 Railcard with no minimum fare (as amended or replaced from time to time) and whose purchase was made without condition.

Appears in 4 contracts

Samples: Supplemental Agreement, Supplemental Agreement, assets.publishing.service.gov.uk

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Restrictions on Creation of Fares. 2.1 The Franchisee shall set the Child Price for any Fare that it Creates so that that Fare may be purchased by or for a person under the age of 16 for an amount which is no greater than fifty per cent (50%) of the lowest amount that would be paid if that person were Price of the holder of a 16 to 25 Railcard with no minimum fare (as amended or replaced from time to time) and whose purchase was made without conditionrelevant Fare.

Appears in 1 contract

Samples: Reporting Period

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