65What applicant must demonstrate

65 What applicant must demonstrate

65 What applicant must demonstrate

The Regulator must not grant accreditation to an applicant unless satisfied that the applicant has demonstrated—

(a) that the applicant is, or is to be, a rail infrastructure manager or rolling stock operator in respect of 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

(iii) has met the consultation requirements set out in Division 6 in relation to the applicant’s safety management system; and

(iv) has complied with the requirements prescribed by the national regulations (if any) for the purposes of this section.