Points to consider:
• Systems, processes, procedures or methods should be in place to monitor legal developments and identify key areas of legal risk. • Members should seek legal advice from qualified professionals where there is uncertainty about legal requirements. • A designated person, group of people or subject matter experts should be responsible for identifying, and maintaining in a register (see example Legal Compliance Register at the end of this chapter): – relevant applicable legislation and regulations, required licences and permits, and reporting and disclosure obligations; – associated developments concerning these requirements; – the status of compliance and future actions needed to maintain compliance. – measures for bringing any potentially non-complying situation into compliance. • Processes, policies, approaches or procedures should be in place for communicating and providing training about legal requirements to employees and contractors, and ensuring an appropriate level of understanding.