After regulation 14 of the Principal Regulations insert —
(1) An exempt rail operator must ensure that its system and arrangements are reviewed—
(a) at intervals that do not exceed 5 years; or
(b) at shorter intervals as specified in its system and arrangements.
Penalty: 15 penalty units.
(2) An exempt rail operator must review, and revise where necessary, its system and arrangements if—
(a) a major incident occurs; or
(b) a recommendation of a safety audit is that the system and arrangements should be reviewed.
Penalty: 15 penalty units.
(3) The exempt rail operator must record the date the system and arrangements are reviewed.
Penalty: 5 penalty units.".