VicTrack is the Victorian Government agency which owns all railway and tram lines, associated rail lands and other related rail-related infrastructure in the state of Victoria, Australia.[1]
VicTrack is a trading name for the Victorian Rail Track and is the custodian of Victorian state railway assets. The corporation is responsible for the active management of a very small proportion of the rail infrastructure (about 22 km of network). VicTrack is also responsible for the maintenance of rail heritage assets in Victoria.
VicTrack leases railway land used for public transport (trains and trams) to the Director of Public Transport in the Department of Transport, which then sub-leases railway land and infrastructure to private rail and track companies Australian Rail Track Corporation, V/Line, and Metro Trains Melbourne.[2]
VicTrack also carries out a range of commercial activities on railway land, including:
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Railway land and infrastructure in Victoria is owned by the Victorian Rail Track Corporation (VicTrack), which was established on 1 April 1997 under the Victorian Rail Corporations Act 1996.[3]
The organisation was re-established with a new corporate charter from 1 July 2010 by the Transport Integration Act.[4][5]
The Transport Integration Act provides that VicTrack's primary object "...is to act as the custodial owner of the State's transport-related land, infrastructure and assets..." consistent with the vision statement in the Act and objectives which emphasise transport integration and sustainability. The Act also states that VicTrack's activities should be primarily directed at supporting the transport system and other purposes which support Government policy.[4]
As an entity established by the Victorian government, VicTrack has a duty to contribute to the delivery of State Government policy objectives and provide social, economic and environmental benefits to the Victorian community.