The Economic Regulation of Transport Act, 2024 (Act No. 6 of 2024)Chapter 1 : Interpretation, Purpose and ApplicationPart B : Purpose and Application of Act3. Purpose of Act |
(1) | The purposes of this Act are to— |
(a) | promote the development of a competitive, efficient and viable South African transport sector contributing to economic growth and development; |
(b) | promote the development of an integrated system of economic regulation of transport of passengers and goods, by air or through airports or ports, and by road or rail; |
(c) | promote efficiency, reliability, safety, climate change and performance in the management and operation of transport facilities and services, in accordance with recognised international standards and local requirements; |
(d) | establish appropriate institutional arrangements and procedures to support the consistent economic regulation of transport facilities and services; |
(e) | enhance transparency in the management of transport facilities and services; |
(f) | promote appropriate investment in transport facilities and services; and |
(g) | develop complaints and dispute resolution mechanisms. |
(2) | The purposes of this Act are to be pursued in a manner that promotes— |
(a) | the development of small and medium enterprises; and |
(b) | the achievement of equality through measures designed to advance persons or categories of persons historically disadvantaged by unfair discrimination in the operation of and access to transport facilities and services. |