(1) A rail transport operator must report to the Rail Safety Regulator or another authority specified by the Rail Safety Regulator all notifiable occurrences that happen on, or in relation to, the rail transport operator's railway premises or railway operations.(a) within the prescribed time; and(b) in the prescribed manner Penalty: In the case of (a) a body corporate, a fine not exceeding 400 penalty units; or(b) an individual, a fine not exceeding 80 penalty units.(2) Two or more rail transport operators may make a joint report in respect of a notifiable occurrence affecting them.(3) In addition to the matters specified in subsection (1) , the Rail Safety Regulator may, by notice in writing, require a rail transport operator to report to any other occurrence or type of occurrence which endangers, or could endanger, the safe operation of any railway operations.(a) the Rail Safety Regulator; or(b) another authority specified by the Rail Safety Regulator (4) The Rail Safety Regulator may require information in a report under this section to be verified by statutory declaration.(5) A rail transport operator to whom a requirement under subsection (3) applies must comply with the requirement.Penalty: In the case of (a) a body corporate, a fine not exceeding 400 penalty units; or(b) an individual, a fine not exceeding 80 penalty units.