sec.701When acceptable level of risk is achieved

### sec.701 When acceptable level of risk is achieved An acceptable level of risk to a person or property, from activities at an operating plant is achieved if management and operating systems are in effect that— identify, analyse and assess risk; and remove, minimise or modify unacceptable or avoidable risks; and monitor levels of risk; and investigate and analyse the cause of actual, or high potential, incidents at the plant to prevent or reduce their recurrence; and review the effectiveness of implemented risk control measures, and take appropriate corrective and preventative action; and comply with any relevant regulation. - (a) identify, analyse and assess risk; and - (b) remove, minimise or modify unacceptable or avoidable risks; and - (c) monitor levels of risk; and - (d) investigate and analyse the cause of actual, or high potential, incidents at the plant to prevent or reduce their recurrence; and - (e) review the effectiveness of implemented risk control measures, and take appropriate corrective and preventative action; and - (f) comply with any relevant regulation.