34What applicant for accreditation must demonstrate

34 What applicant for accreditation must demonstrate

The Rail Safety Regulator must not grant accreditation to an applicant unless satisfied, having regard to the guidelines applicable to this section, that the applicant has demonstrated— (a) that the applicant is a rail infrastructure manager or rolling stock operator in relation to the railway operations for which accreditation is sought; and (b) that the applicant has the competence and capacity to manage risks to safety associated with the railway operations for which accreditation is sought; and (c) that the applicant— (i) has the competence and capacity to implement the proposed safety management system; and (ii) has the financial capacity, or has public risk insurance arrangements, to meet reasonable potential accident liabilities arising from the railway operations; and (d) that the applicant has met the consultation requirements of this Act in relation to the applicant’s safety management system; and (e) that the applicant has complied with the requirements prescribed by the regulations (if any) for the purposes of this section.