[ Legal and Regulatory ]

Acts, regulations, statutes, legislation, Commonwealth, State, laws, rules.

Some of us either get heart palpitations from those concepts, or, are entirely bored with them.   It’s probably best to be somewhere in the middle, though, if you’re striving to be competent at your job.

Legal and regulatory frameworks, for any industry, drive the decisions, philosophies, priorities, and policies – which affect just about everything we do.

Know the legislative structure, the regulatory regime, and differences in the approach to regulation.  Find out by reading the Acts, read the regulations.  Ask about how legislation applies on the project or pipeline you’re working on.

( PECS Ref: IB004 – Legal and regulatory frameworks for pipeline engineers)

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