CA38100 - IBA: Highway undertakings: Definitions

A highway undertaking is:

• an undertaking involving the design, building, financing and operating (DBFO) of any roads in respect of which a `highway concession' exists.

A highway concession is:

• a right to receive sums from the Secretary of State or from the Department for Regional Development in Northern Ireland because the road is or will be used by the general public, or
• the right to charge tolls in respect of a toll road.