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The NSW Rail Access Undertaking makes provision for third party access to the rail network in NSW for which Rail Corporation New South Wales (Railcorp) or Australian Rail Track Corporation (ARTC) is the owner.
In accordance with the requirements of Schedule 3 of the Undertaking, IPART determines the compliance of Owners with:
- the Asset Valuation Roll Forward Principles, and
- the ceiling test, having regard to the operation of the Unders and Overs Account.
IPART has prepared guidelines to provide information and guidance to Rail Infrastructure Owners, Access Seekers and interested parties in relation to IPART's annual review of compliance under the Undertaking.
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