Compliance refers to an organisation’s legal obligations to adhere to prescribed statutes and standards. The obligations emanate from a range of sources including state and commonwealth legislation, and from industry body codes of practice. These requirements specify not only the need to provide appropriate training and work instructions to staff and contractors, but that this is done in a consistent and timely manner, with validation and audit trail.Compliance is a mandatory requirement for all organisations operating in Australia. Read more in the following sections.
Compliance is the Law
The law now demands that you act to provide an effective, robust methodology for compliance and governance management. Without this, you are at serious risk.
The legal requirements for compliance management can flow from a range of different sources:
· Commonwealth legislation
· State legislation
· Local requirements and by-laws
· Industry standards
· International law
At the very pointy end, your organisation must have effective methods for properly addressing major statutory requirements. These include health and safety, equal employment opportunity, harassment, privacy and trade practices.
You must also address relevant specific legislation applicable to your industry sector, whether in financial services, local government, aged care, manufacturing, property, personnel services, or others.