Trustworthy, administrator
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Class 50 Alliance formed
:The Board formally adopted a maximum permitted line speed of 40kph (about 25mph). The year had seen the issue of ‘The Railways and Other Guided Transport Systems (Safety) Regulations 2006’ (‘ROGS’) in response to an EU safety directive and the outcome of recent high profile rail accident enquiries. ROGS allowed a number of concessions to ‘low risk’ heritage railways, provided they formally resolved to comply with the definition in ROGS and limit maximum line speeds accordingly.
:Shareholders in the two companies owning the SVR's [[Diesel Locomotives | Class 50 Diesels]], [[The Fifty Fund]] and Project Defiance, agreed to a merger. The new organisation, [[Class 50 Alliance Limited | The Class 50 Alliance]], assumed responsibility for maintaining and operating the locomotives from January 2007.
==2007==
