Initially, and for the majority of its history, the BRB operated under the structure inherited from the BTC Railway Executive. Operations were divided into five regions - Eastern, London Midland, Western, Southern and Scottish. A North Eastern Region existed initially but was merged into the Eastern Region in 1967. In the 1980s the BRB moved to a sectoral model based on business activity - InterCity for long-distance passenger trains, Network SouthEast for commuter trains in London, and Regional Railways for short-distance and commuter trains outside the Network SouthEast area. Railfreight was organised separately. As well as the railway network, for much of its history the BRB also ran ferry services and hotels. These were sold in the 1980s. The final BRB structure was a shadow form of the future privatised railway industry, becoming a holding company for over 100 subsidiaries, including 25 passenger train operating, six freight, three rolling stock leasing, and a number of track maintenance companies. These were slowly sold during privatisation.
Winding down
On 1 April 1994 railway infrastructure became the responsibility of public limited companyRailtrack, initially Government owned. The BRB continued to operate all trains until 1996, when the process of transferring them to the private sector began. Privatisation was completed in 1997, but the BRB continued to discharge residual functions relating to non-operational railway land and BR pensions, and to have responsibility for the British Transport Police. In 1999 Alistair Morton was appointed the last chairman of the BRB, which began to advise on passenger railway matters. During this time it operated with the Director of Passenger Rail Franchising under the trading name of the Shadow Strategic Rail Authority. Under the Transport Act 2000 the Office of Passenger Rail Franchising was abolished and the majority of BRB's functions were transferred to the Strategic Rail Authority's wholly owned subsidiary BRB Limited. In 2001 the minimum membership of the Board itself was reduced to the chairman and one other member. With the dissolution of the SRA under the Railways Act 2005, BRB became a wholly owned subsidiary of the Secretary of State for Transport. While the Transport Act allowed for BRB to be abolished. The Board's remaining function is to hold the French law benefits and obligations of the Channel Tunnel Rail Usage Contract on trust for the Secretary of State for Transport. In this function it has outlived its own residuary company, which was wound up on until 30 September 2013, pursuant to the Public Bodies review. Through its subsidiary Rail Property Ltd, BRB retained responsibility for non-operational railway land, for example railway lines closed in the Beeching Axe that have not been sold. The BRB owned a large amount of archive material, including papers, maps, films and photographs, dating back before nationalisation. In 1997 these were distributed to other bodies: films to the British Film Institute in London, photographs to the National Railway Museum in York, and most papers to the Public Record Office.