16Reasonable steps for a risk

16 Reasonable steps for a risk (1) A regulation may prescribe what are, or are not, reasonable steps in relation to a risk. (2) However, if a regulation does not prescribe what are, or are not reasonable steps in relation to a risk, all of the following must be considered in working out whether reasonable steps have been taken to minimise the risk: (a) the seriousness of the risk; (b) the current state of knowledge about— (i) the hazard giving rise to the risk and the risk itself; and (ii) any ways of eliminating the hazard or minimising the risk; (c) the availability and suitability of ways to eliminate the hazard or minimise the risk; (d) the cost of eliminating the hazard or minimising the risk; (e) anything else prescribed by regulation.