Subsidies For Socially Necessary But Unremunerative Railways
Section 39 of the Act introduced the first Government subsidies for railways which were unremunerative for British Rail but deemed socially necessary. Grants could be paid where three conditions were met: (i) the line was unremunerative, (ii) it is desirable for social or economic reasons for the passenger services to continue, and (iii) it is financially unreasonable to expect British Rail to provide those services without a grant.
Read more about this topic: Transport Act 1968
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