Victorian Numbered Acts Victorian Numbered ActsAfter section 9 of the Transport Act 1983 insert —
The Director must develop and maintain a contingency plan for the possible exercise of a power under section 9(4).
(1) This section applies to a relevant rail safety project—
(a) in relation to which the Safety Director makes a rail safety recommendation; and
(b) the Director considers may have the effect of resulting in significant costs or expenses being incurred by the Crown.
(2) The Director, before undertaking or funding a relevant rail safety project the subject of a rail safety recommendation, must—
(a) conduct or cause to be conducted a cost-benefit analysis of the relevant rail safety project; and
(b) consult with—
(i) the Premier, the Treasurer and any other Minister whose area of responsibility may be affected by the proposed rail safety project; and
(ii) any other person specified in guidelines prepared under section 9AC.
(3) The cost-benefit analysis and consultation must be conducted—
(a) in accordance with guidelines prepared under section 9AC; and
(b) before the Director undertakes or funds the relevant rail safety project.
(1) The Minister may prepare guidelines for the purposes of cost-benefit analyses and consultation conducted under section 9AB.
(2) Before preparing guidelines under this section the Minister must consult with the Premier and the Treasurer.
(3) Guidelines prepared under this section may—
(a) include guidelines about the methodology to be applied in a cost-benefit analysis conducted under section 9AB;
(b) require the Director obtain an independent assessment about the methodology to be applied in a cost-benefit analysis that is conducted under section 9AB;
(c) include guidelines about the procedure for consultation under section 9AB.".