Network Rail was responsible for the maintenance of the wall, but a previous tenant had erected a fence which led the government-owned firm to assume the wooden panelling indicated the boundary of the station.
That meant the safety and integrity of the wall was not inspected and investigations showed its deterioration was not identified, according to ORR.
Richard Hines, ORR’s HM chief inspector of railways said: “Our thoughts remain with Mr Hanlon’s family and friends.
“The sentence imposed by the court reflects the seriousness of Network Rail’s failings and the devastating consequences when infrastructure is not managed effectively.”
Walsh, the route director for Network Rail said “We are deeply sorry for the incident at Rugby station in September 2022, for the injuries suffered by Mr Hanlon and the distress caused to his family.
“Following the incident, we reviewed the circumstances surrounding the wall, took action to address the immediate risks and strengthened processes relating to asset records, boundary identification and inspection management.”
Network Rail was fined at Birmingham Magistrates Court on 7 August.
It also was ordered to pay court costs and a victim surcharge of £2,000.
Hanlon died in January 2025 after being diagnosed with lymphoma, a type of blood cancer.