Commentary on Sections Schedule 1 Strategic highways companies: consequential and supplemental amendments Section 3: Road Investment Strategy
52.Section 3 provides that each strategic highways company must have a Road Investment Strategy comprising a statement of the objectives to be achieved by the strategic highways company and the financial resources which will be provided by the Secretary of State to achieve those objectives. Under subsection (5), the Secretary of State must have regard to the effect of the Strategy on the environment and safety of users of the highway in setting or varying a Strategy. Subsection (6) requires the Secretary of State and the strategic highways company to comply with the Road Investment Strategy.