Annual report
43 Annual report
The Regulator must, on or before 30 September in each year, deliver to the responsible Ministers a report on ONRSR’s activities for the financial year ending on the preceding 30 June.
The annual report must include —
information on the development of rail safety (including an aggregation of statistics of a prescribed class reported to ONRSR under this Law for the relevant financial year); and
information on any improvements and important changes in relation to the regulation of rail safety for the relevant financial year; and
details of all rail safety issues brought to the attention of ONRSR during the relevant financial year and the action (if any) taken in relation to each such issue; and
if, at the start of the relevant financial year, there are still outstanding any rail safety issues that previously had been brought to the attention of ONRSR — details of the action (if any) taken in respect of each such issue; and
details about any significant activity undertaken in each participating jurisdiction during the relevant financial year by, or on behalf of, ONRSR; and
the financial statement in respect of the relevant financial year; and
the report on the financial statement made by the auditor who conducted the audit; and
any other information required to be included in the report by another provision under this Law or by the responsible Ministers.
The national regulations may make provision in relation to the preparation and auditing of financial statements.
The responsible Ministers must make arrangements for the tabling of ONRSR’s annual report in the Parliament of each participating jurisdiction.
The responsible Ministers may extend, or further extend, the period for submission of an annual report to the responsible Ministers by a total period of up to 3 months.
As soon as practicable after the annual report has been tabled in at least 1 House of the Parliament of a participating jurisdiction, the Regulator must publish a copy of the report on ONRSR’s website.
This provision refers to the regulations (prescribed class
, the regulation
). Made under this Act:
This Act’s bill:Explanatory memorandumSecond reading speech
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