13Functions of North East Link State Tolling Corporation

13 Functions of North East Link State Tolling Corporation

(1) The North East Link State Tolling Corporation has the functions, powers and duties conferred on it by or under this Act or any other Act.

(2) Without limiting subsection (1), the North East Link State Tolling Corporation has the following functions—

(a) to operate, maintain and otherwise manage the North East Link road;

(b) to procure, deliver and operate the North East Link tolling system;

(c) to fix and collect tolls for use of the North East Link tollway in accordance with Part 4 and a North East Link tolling agreement;

(d) to be the lessee of a lease under section 177 of the Major Transport Projects Facilitation Act 2009, and the licensee under a licence under section 173 of that Act, in relation to the North East Link Project;

(e) to be the primary funding entity for the delivery of the North East Link tollway and the operation and maintenance of the North East Link road;

(f) to engage in activities in relation to the delivery of the North East Link Project;

(g) to engage in other activities connected with the North East Link road, and charge fees for those activities.

(3) The North East Link State Tolling Corporation must have regard to commercial principles in performing its functions.

(4) The North East Link State Tolling Corporation, with the approval or at the direction of the Minister, may cease to perform any or all of its functions.