6. For the purpose of discharging its functions, the Railways Authority shall exercise and perform the following powers and duties :
| (a) to fix tariffs, rates and procedures for the carriage by it of goods and persons by rail in such manner as may be appropriate to ensure the competitiveness of the services provided by it with the services provided by other modes of transport; |
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| (b) to enter into Public Service Obligation contracts with the Government for any services provided by it to any Government Department, Public Corporation, Provincial Council or local authority at rates below such rates and tariffs as are fixed by it in the exercise of its powers under paragraph (a) ; |
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| (c) to employ such officers and servants as may be necessary for the discharge of the functions of the Railways Authority, and to determine the cadre, of the remuneration payable to, and the terms and conditions of service applicable to, such officers and servants ; |
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| (d) to enter into such contracts and agreements as may be necessary for the discharge of its functions; |
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| (e) to develop a proper railway costing system designed to meet its commercial objectives, which costing system shall indicate as far as possible, the full costs of railway services provided by the Railways Authority, including fixed and variable costs, long run and short run marginal costs and other appropriate cost concepts, for individual lines, commodities and movements; |
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| (f) to make rules in relation to the officers and servants of the Railways Authority, including their appointment, promotion, remuneration, disciplinary control, leave, holidays and the grant of loans and advances to such officers and servants; |
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| (g) to make rules and prescribe procedures in respect of the administration of the affairs of the Railways Authority; |
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| (h) to prescribe standards, including safety standards, for rail services; |
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| (i) to delegate to the Chairman or to any member or officer of the Railways Authority any such functions as the Board may consider necessary to delegate for the efficient discharge of the functions of the Railways Authority ; |
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| (j) to establish an insurance scheme, a provident fund, a welfare fund and to provide welfare, health and recreational facilities, for the benefit of the officers and servants employed by the Railways Authority ; |
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| (k) to acquire, hold, take or give on lease, hire, pledge, sell or otherwise dispose of, any movable or immovable property; |
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| (l) to do anything for the purpose of improving the efficiency and advancing the skill of officers and servants employed by the Railways Authority or the efficiency of the equipment of the Railways Authority, or the manner in which such equipment is operated, including the provision by the Railways Authority and the assistance for the provision by others, of facilities for training persons required to discharge the functions of the Railways Authority. |
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Sri Lanka Consolidated Acts