Dams Safety Act 2015.

This Act, consisting of 55 sections divided into eight Parts and completed by three Schedules, makes provision for the establishment of the Dams Safety. The objects of this Act are as follows: a) to ensure that any risks that may arise in relation to dams (including any risks to public safety and to environmental and economic assets) are of a level that is acceptable to the community, b) to promote transparency in regulating dams safety, c) to encourage proper and efficient management in matters relating to dams safety, d) to encourage the application of risk management and the principles of cost benefit analysis in relation to dams safety.