Document ID: chunk:federal_register_of_legislation:C2022A00033:clause:1_30ah:p2
Version: federal_register_of_legislation:C2022A00033
Segment Type: clause
Provision Reference: sch 1 cl 30AH (pt 2/2)
Character Range: 24250–26304

regulatory system of the Commonwealth, a State or a Territory that imposes obligations on responsible entities;
 (b) the costs that are likely to be incurred by responsible entities in complying with those rules;
 (c) the reasonableness and proportionality of the requirements in relation to the purpose referred to in paragraph (1)(b);
 (d) such other matters (if any) as the Minister considers relevant.
 (7) For the purposes of this section, in determining whether a risk is a material risk, regard must be had to:
 (a) the likelihood of the hazard occurring; and
 (b) the relevant impact of the hazard on the asset if the hazard were to occur.
 (8) The rules may provide that a specified risk is taken to be a material risk for the purposes of this section.
 (9) The rules may provide that the taking of specified action in relation to a critical infrastructure asset is taken to be action that minimises or eliminates any material risk that the occurrence of a specified hazard could have a relevant impact on the asset.
Note: For specification by class, see subsection 13(3) of the Legislation Act 2003.
 (10) The rules may provide that the taking of specified action in relation to a specified critical infrastructure asset is taken to be action that minimises or eliminates any material risk that the occurrence of a specified hazard could have a relevant impact on the asset.
Note: For specification by class, see subsection 13(3) of the Legislation Act 2003.
 (11) The rules may provide that the taking of specified action in relation to a critical infrastructure asset is taken to be action that mitigates the relevant impact of a specified hazard on the asset.
Note: For specification by class, see subsection 13(3) of the Legislation Act 2003.
 (12) The rules may provide that the taking of specified action in relation to a specified critical infrastructure asset is taken to be action that mitigates the relevant impact of a specified hazard on the asset.
Note: For specification by class, see subsection 13(3) of the Legislation Act 2003.