(1)  A rail transport operator must give the Rail Safety Regulator a safety performance report in respect of each reporting period that –

(a) is in a form approved by the Rail Safety Regulator; and

(b) complies with the requirements (if any) prescribed for the purposes of this section; and

(c) contains –

(i) a description and assessment of the safety performance of the rail transport operator's railway operations; and

(ii) comments on any deficiencies in, and any irregularities in, the railway operations that may be relevant to the safety of the railway; and

(iii) a description of any safety initiatives in relation to the railway operations undertaken during the reporting period or proposed to be undertaken in the next reporting period; and

(iv) any other information or performance indicators prescribed for the purpose of this section.

(2)  A rail transport operator must submit a report in accordance with this section within 6 months after the end of each reporting period.

Penalty:  In the case of –

(a) a body corporate, a fine not exceeding 500 penalty units; or

(b) an individual, a fine not exceeding 100 penalty units.

(3)  In this section –

reporting period means –

(a) a calendar year; or

(b) another period agreed from time to time by the Rail Safety Regulator and the rail transport operator.