The potential of railway land extends beyond revenue generation and rail development projects. It represents a strategic national asset that must be managed responsibly and sustainably.
The management of railway land, whether freehold or reserve status, is carried out in accordance with the powers granted under Sections 92(2), 93, and 104 of the Railways Act 1991 (Act 463). These provisions provide for the statutory vesting of all railway land formerly owned by the KTM and FLC administrations to RAC.
For freehold railway land, the vesting process is implemented through statutory vesting using Form 30A under Section 415(1)(a) of the National Land Code 1965 (NLC 1965).
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