(1) The Registrar must use his or her best endeavours to ensure that the information recorded in the asset register is up to date.
(2) The custodian of a rail asset listed on the asset register must notify the Registrar in writing of any change to the information recorded against the rail asset in the asset register.
(3) If—
(a) the Registrar is advised of a change to the information recorded against a rail asset in the asset register by the custodian of the rail asset; and
(b) the Registrar is satisfied that the advice is accurate—
the Registrar must amend the register accordingly.
(4) Subject to subsection (5), the Registrar may request the custodian of a rail asset to check that the information recorded against the rail asset in the asset register is up to date and, if it is not, to advise the Registrar of the required change.
(5) The Registrar may not make a request under subsection (4) more than once in any 12 month period.