115SSafe Transport Victoria to conduct

115S Safe Transport Victoria to conduct cost-benefit analysis of and consult about mandatory transport safety decisions (1) This section applies to a mandatory transport safety decision that may result in significant costs or expenses being incurred by a person whose interests are affected by the decision. (2) Safe Transport Victoria must— (a) conduct or cause to be conducted a cost-benefit analysis of a mandatory transport safety decision; and (b) consult with— (i) the Premier, the Treasurer and any other Minister whose area of responsibility may be affected by a mandatory transport safety decision; and (ii) the person whose interests are affected by a mandatory transport safety decision. (3) The cost-benefit analysis and consultation must be conducted— (a) in accordance with guidelines prepared under section 115T; and (b) before a mandatory transport safety decision is made, unless Safe Transport Victoria considers that the mandatory transport safety decision must be made immediately to protect public safety. (4) If a mandatory transport safety decision is made immediately to protect public safety, the cost-benefit analysis and consultation must be conducted as soon as practicable after the decision is made. S. 115T substituted by No. 34/2023 s. 75.