3 “Risk management”

3  “Risk management”

(1)     “Risk management” means anything done for the purpose of—

(a)     analysing a risk,

(b)     assessing a risk,

(c)     reducing a risk,

(d)     reducing a component in the assessment of a risk,

(e)     altering the balance of factors combined in assessing a risk, or

(f)     otherwise taking action in respect of a risk or a factor relevant to the assessment of a risk (including action for the purpose of flood defence).

(2)

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