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The Public Transport Corporation was a State Government of Victoria owned corporate body that operated passenger and freight trains, trams and bus services in Victoria, Australia. It was established in 1989 to manage the responsibilities of the State Transport Authority and the Metropolitan Transit Authority. In suburban Melbourne it traded as "The Met" while in regional Victoria it operated as "V/Line". The corporation was privatised in 1999 by the Kennett Government. Formation
V/Line branded train in 1993
The Public Transport Corporation was formed under the Transport (Amendment) Act 1989 from the State Transport Authority and the Metropolitan Transit Authority. The functions of the Corporation was an amalgamation of its two predecessors. The green and gold livery on vehicles was retained, though with a new "double arrow" logo. The Public Transport Corporation was subject to the control and general direction of the Director-General of Transport and, ultimately, the Minister for Transport. A fourteen-member Public Transport Corporation Board was appointed by the Minister to provide advice to the Chief Executive of the Corporation. Demise
Privatisation of the Victoria Public Transport Corporation commenced under the Kennett Government of the 1990’s. V/Line was split into Passenger and Freight divisions and “The Met” was divided into “Hillside Trains”, “Bayside Trains”, ”Swanston Trams”, and “Yarra Trams”. These separate bodies were all sold separately:
The remainder of the functions of the PTC were transferred to Metlink. References
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