The Authority shall perform the following functions under the Punjab Masstransit Authority Act, 2015:
- Own, control, maintain and develop a corridor, station, depot and other ancillary facilities which are transferred to it by the government
- Plan, construct, operate and maintain the corridors for future expansion
- Enter into contracts including concession agreements, grant licenses, leases, make other arrangements and perform all tasks necessary for efficient functioning of the MTS
- Collect fares as determined by the government
- Grant licenses to masstransit operators and all other service providers
- Incur all necessary expenditure for planning, construction, operation and maintenance of the MTS including administrative expenses
- Collect and use fees, fines and all other revenues generated from the MTS infrastructure
- Acquire, hold and dispose of property
- Ensure safe, efficient and comfortable masstransit operations on a corridor or a public transport route
- Establish, operate and maintain Automated Fare Collection
- Make adequate arrangements for effective security of a corridor, station, depot and other ancillary facilities
- Establish and maintain an effective third party oversight mechanism for collection of revenues
- Establish and maintain an effective system of janitorial and housekeeping services to keep a corridor and its entire ancillary facilities clean
- Plan, and operate integrated public transport routes
- Plan, construct and maintain infrastructure for the public transport routes
- Give directions to any other person or agency for establishing and operating feeder transport services for a corridor
- Give directions to any agency to desist from issuing competing transportation route permits along a corridor or a public transport route notified by the Authority
- Give directions to any person to desist from operating any competing transportation system along a corridor or a public transport route notified by the Authority
- Give directions to any person or agency for not interfering in any way with a corridor, its ancillary facilities and their smooth functioning
- Monitor and enforce contracts, agreements including concession agreements, licenses or leases entered into or granted by the Authority
- Establish subsidiary companies or to assume control of companies transferred to it by the government