Schedule 3 – Abolition of Rail Regulator: savings, etc.
52.The effect of this Schedule is that anything done by the Regulator prior to the transfer of his functions to the Office of Rail Regulation will continue to be valid as if it had been done by the Office. Similarly, anything in the process of being done by, or in relation to, the Regulator will be continued by, or in relation to, the Office.
53.Paragraph 6 makes it clear that the Act does not affect the International Rail Regulator in any way. That is a separate office, which will continue to exist.