sec.100Conduct of assessments for identified risks

sec.100 Conduct of assessments for identified risks

In conducting an assessment for the purposes of section 99 (1) (d) , the rail transport operator must— examine and analyse each identified risk, including— the nature of the risk; and the likelihood of the risk occurring; and the magnitude and severity of the consequences should a risk be realised; and the range of control measures available and considered to eliminate or minimise the risk; and consider risks cumulatively as well as individually; and use assessment methodologies that are appropriate to the risks under consideration. The rail transport operator must keep a detailed record of all aspects of the assessment process, including— the risks considered; and the likelihood, severity of consequences and control measures considered, including reasons for selecting certain control measures and rejecting others. (sec.100-ssec.1) In conducting an assessment for the purposes of section 99 (1) (d) , the rail transport operator must— examine and analyse each identified risk, including— the nature of the risk; and the likelihood of the risk occurring; and the magnitude and severity of the consequences should a risk be realised; and the range of control measures available and considered to eliminate or minimise the risk; and consider risks cumulatively as well as individually; and use assessment methodologies that are appropriate to the risks under consideration. (sec.100-ssec.2) The rail transport operator must keep a detailed record of all aspects of the assessment process, including— the risks considered; and the likelihood, severity of consequences and control measures considered, including reasons for selecting certain control measures and rejecting others.

• (a) examine and analyse each identified risk, including— (i) the nature of the risk; and (ii) the likelihood of the risk occurring; and (iii) the magnitude and severity of the consequences should a risk be realised; and (iv) the range of control measures available and considered to eliminate or minimise the risk; and
• (i) the nature of the risk; and
• (ii) the likelihood of the risk occurring; and
• (iii) the magnitude and severity of the consequences should a risk be realised; and
• (iv) the range of control measures available and considered to eliminate or minimise the risk; and
• (b) consider risks cumulatively as well as individually; and
• (c) use assessment methodologies that are appropriate to the risks under consideration.
• (i) the nature of the risk; and
• (ii) the likelihood of the risk occurring; and
• (iii) the magnitude and severity of the consequences should a risk be realised; and
• (iv) the range of control measures available and considered to eliminate or minimise the risk; and