GOVERNMENT REGULATION

As a transport organization engaged in intercity, as well as inter sub-regional long haul passenger services, Intercity STC is, and must operate within the laws of Ghana and the ECOWAS regulations regarding the qualifications, duties and hours of service of drivers, the standards for vehicles, parts and accessories, the maintenance of records and the submissions of reports pertaining to Intercity drivers, buses and operations. The Company is subject to periodic and random inspections and audits by State Officials, pursuant to state regulations, to determine compliance with the required regulations.

By law, the Government is pre-empted from regulating Intercity STC’s fares or its schedules, including the withdrawal of service over any route. However, the Company’s buses remain subject to vehicle registration requirements, bus size and weight limitations, fuel sales and taxes, speed and traffic regulations and other local standards not inconsistent with state requirements.