(1)  An accredited owner or operator must report to the Administrating Authority within the time prescribed by the regulations an occurrence that happens on or in relation to a railway owned or operated by the person, or in relation to rolling stock operated by the person, and that is of a kind specified in Schedule 1 .

(2)  Accredited persons may make a joint report with respect to a notifiable occurrence.

(3)  In addition to the matters specified in Schedule 1 , the Administrating Authority may, by notice in writing, require an accredited person to report to the Administrating Authority any other incident which endangers or could endanger the safe construction, maintenance or operation of a railway.

(4)  A report under this section must be made in the prescribed manner and form and the Administrating Authority may require information supplied in a report to be verified by statutory declaration.

(5)  The Governor may, by regulation, amend Schedule 1 from time to time.