Achieving acceptable levels of risk
10 Achieving acceptable levels of risk
An acceptable level of risk is achieved when risk is minimised as far as reasonably practicable.
To decide whether risk is minimised as far as reasonably practicable, regard must be had to – the likelihood of harm to a person, property or the environment related to the risk; and the severity of the harm.
The regulations may prescribe the acceptable level of risk in terms of the likelihood and the severity of the consequences of the risk or in another way.
The assessment of risk to decide its acceptability must take account of good industry practice and compliance with approved codes of practice if – the regulations do not prescribe an acceptable level of risk or set performance objectives and measures for the avoidance, reduction or monitoring of risk; or it is not practicable in the circumstances to calculate or estimate the level of risk.
This provision refers to the regulations (The regulations may prescribe
, the regulations
). Made under this Act:
- Explosives Regulations 2022
- Proclamation under the Explosives Act 2012 (SR 2012 No. 108) · Statutory Rule · under section 2
This Act’s bill:Explanatory notesSecond reading speech
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