Electrical Safety Regulation 2026 QLD: What Has Changed?

Queensland’s new Electrical Safety Regulation 2026 is set to replace the Electrical Safety Regulation 2013 from 1 September 2026.

For electricians, electrical contractors, businesses and other people working with electrical installations and equipment, the change is important, but it is not a major overhaul of Queensland’s electrical safety requirements.

The Queensland Government has confirmed that the 2026 Regulation does not introduce new policy or regulatory obligations. Instead, the regulation has been substantially reorganised and rewritten to make it easier to navigate, understand and apply alongside the Electrical Safety Act 2002.

Why Has The Electrical Safety Regulation Been Replaced?

The Electrical Safety Regulation 2013 was subject to Queensland’s statutory sunset review process. Queensland subordinate legislation generally expires after 10 years unless it is reviewed and remade.

The 2013 Regulation was due to expire on 31 August 2026. The review found that the regulation remained necessary and that its underlying policy and regulatory intent continued to be appropriate.

Rather than allowing the regulation to expire, the Queensland Government remade it as the Electrical Safety Regulation 2026. The new regulation was notified on 14 August 2026 and commences on 1 September 2026.

The official position is that the remake is primarily about structure, clarity and usability, rather than introducing a new set of electrical safety rules.

What Are The Main Changes?

Although the practical electrical safety requirements are largely unchanged, there are several important structural changes that electrical businesses should be aware of.

  1. The Regulation Has Been Completely Reorganised

One of the biggest changes is the structure of the regulation.

Sections have been reordered and grouped into new parts to better align the regulation with the Electrical Safety Act 2002. As a result, virtually all section numbers have changed.

This means a procedure, safety document, contract, training resource or other business document that currently refers to a particular section of the 2013 Regulation may contain an outdated reference after 1 September 2026.

For example, rather than assuming that a section number from the 2013 Regulation remains valid, businesses should check the Queensland Government’s comparison information to identify the corresponding provision in the 2026 Regulation.

This is likely to be one of the most noticeable changes for contractors and compliance teams.

  1. Greater Connection Between The Regulation and The Electrical Safety Act

The 2026 Regulation contains additional legislative references throughout the document.

These references are intended to make it clearer how individual requirements relate to the corresponding provisions of the Electrical Safety Act 2002.

The aim is to make the legislation easier to interpret and navigate, particularly where a duty originates in the Act and the Regulation provides more detailed requirements about how that duty is to be met.

  1. Some Provisions Have Been Streamlined

A small number of provisions have been removed or combined where they were considered unnecessary or duplicated requirements elsewhere.

The purpose is to reduce duplication and make the regulation easier to read and use.

Importantly, this should not be interpreted as a broad removal of electrical safety responsibilities. The Queensland Government states that the remake does not change the underlying policy or intent of the regulation.

  1. Work Near Electrical Lines Has Been Restructured

Requirements dealing with work near overhead and underground electric lines have been reorganised.

The provisions have been separated according to the different risk profiles associated with overhead and underground electrical lines.

Definitions relating to exclusion zones and unsafe distances have also been moved to the beginning of the regulation so they are easier to locate and apply throughout the legislation.

For businesses carrying out construction, excavation, civil works, tree work or other activities near electrical infrastructure, this restructuring should make the relevant requirements easier to find.

It is still important, however, to review the new provisions rather than relying on old section references.

  1. Licensing Provisions Have Been Consolidated

The 2026 Regulation reorganises provisions relating to licensing and qualified persons.

Definitions for qualified technical person (QTP) and qualified business person (QBP) have been included in the licensing part of the Regulation, along with definitions for other terms used in the licensing provisions.

The intention is to make the licensing requirements more logically organised and consistent.

Do electricians need to apply for a new licence?

No.

The commencement of the Electrical Safety Regulation 2026 does not invalidate existing electrical licences. Licences issued under the 2013 Regulation continue to have effect under the 2026 Regulation.

Queensland Government guidance confirms that licence holders do not need to apply for a new licence or take action simply because the new regulation commences.

  1. High-Voltage Live-Line Work Has Been Separated Into Two Sections

Requirements for high-voltage live-line work have been reorganised into two separate provisions.

The purpose is to make the requirements easier to understand and apply rather than to introduce a new policy approach to high-voltage live-line work.

Businesses involved in high-voltage work should nevertheless update internal references to the relevant sections of the new Regulation.

  1. Safety Management System Requirements Have Been Restructured

The requirements for safety management systems (SMS) have been reorganised into discrete sections.

The Queensland Government has also included a transitional arrangement so that the new SMS provisions do not commence immediately.

The restructured SMS requirements commence on 1 September 2027, giving prescribed electricity entities an additional 12 months to become familiar with the new structure.

During the transitional period, the former section 234 of the 2013 Regulation continues to apply.

Importantly, the Government says there are no changes to the underlying SMS requirements, the changes are primarily structural and clarifying.

  1. Changes To SMS Auditing Requirements

The 2026 Regulation provides additional clarity around safety management system auditing.

For example, it clarifies that an audit report must be provided to the regulator following an audit and removes the broader requirement to provide “any further information” required by the regulator.

The annual audit provisions have also been clarified, including what is subject to an annual audit while retaining flexibility for a prescribed electricity entity to determine the scope of an audit.

The timeframe for providing an annual audit plan has also been expressly stated: generally, the later of 30 days before the audit begins or an agreed date.

  1. Transitional Arrangements Protect Existing Licences and Processes

The new Regulation contains transitional provisions in Part 16.

These provisions are designed to ensure continuity when the 2013 Regulation is replaced.

For example, existing licences, notices and authorisations continue to operate under the transitional arrangements. Certain applications, investigations and proceedings that began under the 2013 Regulation can also continue under the appropriate legislative framework.

This means businesses should not assume that the changeover date requires them to start existing processes again.

What Does This Mean For Electricians and Electrical Contractors?

For most electricians and electrical contractors, the practical impact should be relatively small.

If your business was already complying with the Electrical Safety Regulation 2013, the Queensland Government says you are unlikely to need to change your work practices simply because the 2026 Regulation commences.

However, there are several things worth doing.

Review Your Procedures

Check your electrical safety procedures, safe work procedures, compliance manuals and other documents for references to the Electrical Safety Regulation 2013.

Where your documents refer to specific section or part numbers, those references should be checked and updated.

Update Templates and Compliance Documents

Businesses may have references to the 2013 Regulation in:

  • electrical safety procedures
  • SWMS and risk-management documentation
  • compliance manuals
  • internal audit documents
  • training materials
  • contractor documentation
  • inspection and testing procedures
  • electrical installation checklists
  • safety management system documents
  • website compliance information.

Not every document will need to be rewritten. If a document describes a practical safety requirement without referring to an old section number, the Queensland Government says substantial changes are unlikely to be necessary. However, documents should still be reviewed for accuracy.

Make Your Team Aware Of The New Section Numbers

There is no general requirement to retrain workers simply because the 2026 Regulation has commenced.

Workers should, however, be made aware of the new structure and any changes to legislative references that affect their work.

This is particularly relevant for supervisors, electrical contractors, compliance managers and anyone responsible for preparing or reviewing safety documentation.

Has Anything Actually Changed In Day-To-Day Electrical Safety?

For most electrical work, the answer is not in a substantive policy sense.

The Queensland Government has been very clear that the 2026 Regulation is not intended to introduce new policy or regulatory obligations. The purpose of the remake was to improve the regulation’s structure, clarity and usability.

This distinction is important.

The regulation looks substantially different, section numbers have changed and provisions have been moved around, but that does not mean electricians suddenly have an entirely new set of electrical safety obligations.

In practical terms, the biggest immediate challenge may be finding the equivalent provision in the new Regulation.

What About Enforcement?

The Queensland Government has stated that the Electrical Safety Regulation 2026 will not result in a different enforcement approach.

The remake does not change the policy intent or how the obligations are intended to operate. The changes are primarily structural and drafting improvements.

Businesses should therefore treat the commencement of the new Regulation as an important compliance-document update rather than assuming that the change creates a new enforcement regime.

Don’t Confuse The 2026 Regulation With Other Electrical Legislation Changes

There have also been separate changes to Queensland electrical safety legislation during 2026.

For example, the Electrical Safety and Other Legislation Amendment Act 2026 was assented to on 27 March 2026. Those legislative amendments are separate from the sunset remake of the Electrical Safety Regulation 2026.

The 2026 Regulation itself is the replacement for the 2013 Regulation and is primarily a restructure and clarification exercise.

This distinction matters when researching “electrical safety changes in Queensland in 2026”, because not every 2026 legislative change is a consequence of the new Regulation.

When Does The Electrical Safety Regulation 2026 Start?

The Electrical Safety Regulation 2026 commences on 1 September 2026.

The existing Electrical Safety Regulation 2013 expires at the same time. The new Regulation has been made as Queensland subordinate legislation and is scheduled to remain in force until its next statutory expiry in 2036, subject to any future legislative changes.

The exception is the restructured safety management system provisions discussed above, which commence on 1 September 2027 under the transitional arrangements.

A Practical Checklist For Queensland Electrical Businesses

Before the new Regulation takes effect, electrical businesses should consider:

  • Review your references to the Electrical Safety Regulation 2013.
  • Check the new section numbers for requirements relevant to your business.
  • Update policies and procedures that cite the old Regulation.
  • Update compliance and audit documentation.
  • Brief supervisors and workers about the new structure.
  • Review documentation relating to work near overhead and underground electrical lines.
  • Check licensing documentation and references to QTPs and QBPs.
  • Review safety management system documentation if your business is a prescribed electricity entity.
  • Keep copies of the new Regulation and the official comparison material available to relevant staff.

The Bottom Line

The Electrical Safety Regulation 2026 is a major rewrite in structure, but not a major change in electrical safety policy.

From 1 September 2026, Queensland will move from the Electrical Safety Regulation 2013 to the new 2026 Regulation. The biggest changes are the rearrangement of provisions, new section numbers, clearer legislative references, consolidated licensing provisions, restructured requirements for work near electrical lines and clearer safety management system and audit provisions.

For most electricians and contractors who already comply with the existing requirements, there should be no need to change established work practices simply because the new Regulation commences.

The key task is to make sure your business documentation, procedures and legislative references keep pace with the new structure.

For the definitive requirements, businesses should refer to the official Electrical Safety Regulation 2026 and the Queensland Government’s Electrical Safety Regulation 2026 guidance rather than relying solely on summaries or third-party interpretations.

Safe Work Australia Launches New Hazardous Chemical Information System (HCIS)

Safe Work Australia has published a new Hazardous Chemical Information System (HCIS), giving Australian businesses and workers a refreshed way to access information about hazardous chemicals and prepare for the introduction of new workplace exposure limits (WELs) on 1 December 2026.

The new HCIS was published on 4 August 2026 and represents a significant update to one of Australia’s key online resources for chemical hazard information.

What Is The HCIS?

The Hazardous Chemical Information System is an online guidance tool developed by Safe Work Australia to help manufacturers, importers, employers and users find information about hazardous chemicals.

The system provides information relating to the Globally Harmonized System of Classification and Labelling of Chemicals (GHS), including hazard classifications, hazard statements, pictograms and other information relevant to chemical classification and communication.

It can also help manufacturers and importers determine whether a product is a hazardous chemical and, where applicable, support the classification, labelling and preparation of safety data sheets (SDS) under the GHS and model WHS Regulations. Employers and other chemical users can use the system to cross-check information appearing on labels and SDS.

What Is New In The 2026 HCIS?

The new system has been redesigned to make chemical information easier to find and use.

  1. A Refreshed User Interface

The HCIS has a modernised interface intended to make navigation and searching more straightforward.

For businesses that regularly need to check chemical classifications, a simpler interface can reduce the time spent searching through separate pages or sources of information.

  1. GHS and WEL Information In One Place

One of the most important changes is the introduction of a single search function that brings together relevant chemical information.

GHS classification information and workplace exposure limit data can now be displayed together on the same page.

This is particularly relevant as Australia moves from the existing Workplace Exposure Standards (WES) to the new Workplace Exposure Limits (WEL) framework.

  1. Mobile and Tablet Compatibility

The new HCIS has also been designed to work across different devices, including mobile phones and tablets.

This should make it more practical for safety professionals, supervisors and workers who need to access chemical information away from a desktop computer.

  1. Updated Classification Information

As part of the upgrade, Safe Work Australia has updated GHS classification data from the European Chemicals Agency (ECHA) and the Australian Industrial Chemicals Introduction Scheme (AICIS).

This is important because chemical classification information can change as new scientific information becomes available or authoritative classification sources are updated.

Why The New HCIS Matters

For businesses managing hazardous chemicals, the HCIS is more than simply a searchable database. It can be a useful part of the process of identifying chemical hazards and checking whether information used in the workplace is current and consistent.

Under Australia’s WHS framework, manufacturers and importers are responsible for determining whether their products are hazardous chemicals and, where required, correctly classifying them. The resulting information is used to prepare labels and SDSs.

The HCIS can therefore provide a valuable reference point when reviewing chemical inventories, SDSs, labels and risk controls.

However, Safe Work Australia emphasises that the HCIS is a guidance tool, rather than a comprehensive register of every hazardous chemical. The classification information should not be treated as a substitute for the manufacturer’s or importer’s legal responsibilities or for professional advice where classification is uncertain.

The Connection With Australia’s New Workplace Exposure Limits

The timing of the new HCIS is significant.

Australia is transitioning from Workplace Exposure Standards (WES) for airborne contaminants to Workplace Exposure Limits (WEL). The new WEL framework takes effect from 1 December 2026. Until 30 November 2026, workplaces must continue to comply with the existing WES requirements.

The new HCIS has been specifically designed to support this transition by bringing chemical classification information and exposure-limit information together.

The WEL changes include revised exposure-limit values and changes to how some chemicals and health risks are represented. There are also changes to advisory notations, including the introduction of separate dermal and respiratory sensitisation notations and an ototoxicity notation.

Safe Work Australia has also identified 33 chemicals that will be removed from the WEL list because they are recognised as non-threshold genotoxic carcinogens. From 1 December 2026, these chemicals will no longer have exposure limits; instead, PCBUs will need to eliminate them where reasonably practicable, substitute them where possible, or otherwise minimise the risk.

This makes it particularly important for businesses to review their chemical management arrangements before the December 2026 transition.

What Should Businesses Do Now?

The release of the new HCIS is a good opportunity for businesses to review their existing chemical information and systems.

Consider taking the following steps:

Review Your Chemical Inventory

Identify the hazardous chemicals currently used, stored or generated in your workplace and confirm that you have current SDSs and labels for them.

Check Chemical Classifications

Use the new HCIS to review relevant GHS classification information and compare it with the information in your SDSs and labels.

Review Exposure Limits

Identify chemicals in your workplace that are subject to exposure limits and determine whether the transition from WES to WEL will affect your existing controls, exposure monitoring or risk assessments.

Review High-Risk Chemicals

Pay particular attention to carcinogens, sensitising chemicals and substances with revised exposure limits or advisory notations.

Update Risk Assessments and Control Measures

Where exposure limits are changing, consider whether existing engineering controls, ventilation, work practices, personal protective equipment and air-monitoring programs remain adequate.

Prepare For 1 December 2026

Do not wait until the new WELs commence. Businesses should allow enough time to understand the changes and implement any necessary controls.

A Useful Tool, But Not The Only Source

It is important to understand what the HCIS can and cannot tell you.

The system contains classification information from authoritative sources, but not every chemical will necessarily have been assessed against every GHS hazard category. Safe Work Australia also notes that classifications can change and that the HCIS should be treated as guidance.

Similarly, finding a chemical in the HCIS, or failing to find one, should not be treated as the sole basis for deciding whether a product is hazardous.

Businesses should consider the HCIS alongside the product’s current SDS, supplier information, relevant WHS legislation, applicable codes of practice and other authoritative chemical information.

What About The Old HCIS?

The launch of the new HCIS does not mean the existing WES requirements have already changed.

Safe Work Australia states that the current WES requirements remain in place until the WELs commence on 1 December 2026. Information relating to the current WES can still be accessed through Safe Work Australia’s website and the previous version of HCIS.

This distinction is important for businesses currently updating their chemical registers and procedures: the new HCIS is available now, but the new WEL obligations do not commence until 1 December 2026.

A Timely Update For Chemical Safety Management

The new HCIS is a welcome development for Australian businesses that need practical access to chemical hazard information.

Its redesigned interface, consolidated search functionality and combination of GHS and exposure-limit information should make it easier for duty holders to investigate chemical hazards and prepare for the upcoming WEL transition.

For businesses, the most important takeaway is that the new HCIS should be incorporated into a broader chemical management review, particularly as 1 December 2026 approaches.

With the transition to WELs only months away, now is a good time to review your chemical inventory, check SDSs and labels, revisit exposure controls and make sure your workplace is prepared for the new requirements.

For the latest information, visit Safe Work Australia’s new Hazardous Chemical Information System and its guidance on Workplace exposure limits for airborne contaminants.

Sherm Software’s Chemical Register is the ideal tool to keep track of chemicals used within your business, while ensuring SDS’s are current. Notifications are sent straight to you when updates are required. Get in touch with us and see what a difference Sherm can make.

Why Australian Businesses Need to Review Their Standards Regularly

Australian businesses operate in an environment shaped by legislation, regulations, industry codes, Australian Standards, workplace requirements and customer expectations. While not every standard is legally mandatory, standards can play an important role in helping businesses operate safely, consistently and professionally.

The challenge is that standards do not remain static. They can be revised, replaced or referenced by legislation and regulations. A standard that was appropriate when a business procedure was written several years ago may no longer reflect current requirements.

For this reason, businesses should regularly review the standards referenced in their policies, procedures, work instructions and other controlled documents.

What Are Australian Standards?

Australian Standards are documents that provide specifications, procedures, guidelines or other information intended to promote safety, consistency, reliability and quality.

Standards Australia explains that standards can cover a wide range of areas, including construction, consumer products and services, energy, water, environment and other sectors. Standards may be Australian Standards (AS), Australian/New Zealand Standards (AS/NZS), or adopted international standards.

An important point for businesses is that an Australian Standard is not automatically law.

Standards are generally voluntary. However, Australian, state and territory governments can reference standards in legislation and regulations. When a standard is incorporated into legislation, regulatory requirements or other legally enforceable arrangements, compliance may become mandatory.

Businesses may also encounter mandatory industry codes, codes of practice, product safety requirements and other regulatory obligations that operate alongside standards.

Common Types Of Standards Businesses May Encounter

The standards relevant to a business depend heavily on its industry and activities.

For example, a business may need to consider standards relating to:

  • Workplace health and safety
  • Electrical work and equipment
  • Building and construction
  • Fire protection and emergency systems
  • Machinery and equipment
  • Personal protective equipment
  • Quality management
  • Environmental management
  • Information security
  • Food safety
  • Accessibility
  • Product design and safety
  • Testing and inspection
  • Installation and maintenance
  • Risk management
  • Competency and training
  • Documentation and record keeping

A business may also have contractual obligations to follow particular standards. A customer, principal contractor, insurer, certification body or tender specification may require work to be performed in accordance with a particular standard.

This means a business should look beyond legislation alone when identifying the requirements that apply to its operations.

Why Should Businesses Review Their Documented Standards?

One of the most common problems in business documentation is the “set and forget” standard.

A procedure may state:

“All inspections must be completed in accordance with AS XXXX:2018.”

But what happens if that standard has since been revised or superseded?

The procedure may continue to circulate internally, staff may continue following it, and the business may believe it is working to the appropriate requirement, when in fact its documented process is based on an outdated publication.

Regular review helps prevent this situation.

  1. Standards can change

Standards Australia regularly reviews standards to ensure they remain relevant as technology, industry practices and community expectations change.

A revised standard may introduce:

  • New safety requirements
  • Different testing methods
  • Updated terminology
  • New equipment requirements
  • Changed inspection intervals
  • Additional documentation requirements
  • Revised technical specifications
  • New responsibilities for workers or businesses

If an internal procedure continues to reference an old edition, there is a risk that the business’s documented process no longer reflects current industry requirements.

  1. Regulations can change

A standard may also become more significant because legislation or regulation changes.

Government agencies can reference standards in legislation. In those circumstances, a standard that was previously voluntary may become relevant to a legal compliance obligation.

Businesses should therefore consider standards as part of their broader compliance monitoring process rather than treating them as static technical documents.

  1. Your business may have changed

Even when a standard has not changed, the business may have.

Consider whether your organisation has:

  • Introduced new equipment
  • Changed suppliers
  • Expanded into another state or territory
  • Started offering new services
  • Changed its workplace or premises
  • Introduced new technology
  • Taken on new types of customers
  • Changed its processes
  • Outsourced activities
  • Started working on larger projects

These changes can introduce new standards and compliance requirements.

A standards review should therefore ask two questions:

“Has the standard changed?”

and

“Has our business changed?”

Both are important.

Standards Should Be Controlled Within Your Business

If your organisation maintains policies, procedures, work instructions, forms or manuals, standards referenced by those documents should be treated as controlled information.

A simple standards register can be extremely useful.

The register does not need to be complicated. Its purpose is to give the business visibility over the standards and requirements that underpin its operations.

What Should A Standards Review Include?

A practical review can include the following steps.

Step 1: Identify every standard you currently reference

Search your policies, procedures, manuals, forms, contracts, specifications and work instructions.

Look for references such as:

  • AS XXXX
  • AS/NZS XXXX
  • ISO XXXX
  • IEC XXXX
  • “current Australian Standard”
  • “relevant standard”
  • “applicable code”
  • “industry standard”

Create a central register of everything you find.

Step 2: Confirm the standard is still current

Check the official source to determine whether the publication is:

  • Current
  • Superseded
  • Withdrawn
  • Amended
  • Under revision
  • Replaced by another standard

Do not assume that the year shown in an internal procedure is still the current edition.

Step 3: Check whether the standard is legally relevant

Determine whether the standard is referenced by:

  • Commonwealth legislation
  • State or territory legislation
  • Regulations
  • Mandatory industry codes
  • Product safety requirements
  • Licencing conditions
  • Contracts
  • Project specifications
  • Certification requirements

This distinction is important because the legal status of a standard depends on how it is referenced and applied.

Step 4: Compare the new requirements with your procedures

If a standard has changed, ask:

Does our current process still meet the requirements?

This may require reviewing equipment, training, forms, inspection methods, records, responsibilities and work practices.

Step 5: Update your documentation

Where necessary, update the relevant:

  • Policies
  • Procedures
  • Work instructions
  • Forms
  • Checklists
  • Training material
  • Risk assessments
  • Registers
  • Contracts
  • Technical specifications

Make sure obsolete versions are removed or clearly identified so employees do not accidentally use them.

Step 6: Communicate the changes

Updating a document is only part of the process.

Employees who rely on the procedure need to understand what has changed and what they are now expected to do.

Business.gov.au recommends documenting policies, processes and procedures, making them accessible to staff, providing relevant training and regularly reviewing processes and procedures.

Make Standards Review Part Of Your Management System

Standards review should not be an activity that happens only when an auditor arrives.

A better approach is to incorporate it into the business’s normal management system.

For example, a business could establish an annual review process that asks:

  1. What standards do we rely on?
  2. Are they still current?
  3. Have any amendments or replacements been published?
  4. Are any of these standards referenced by legislation or regulations?
  5. Have our products, services or processes changed?
  6. Do our procedures still reflect the requirements?
  7. Do employees need additional training?
  8. Do our forms and records need updating?
  9. Are contracts or customer requirements affected?
  10. Has responsibility for monitoring each requirement been assigned?

This approach turns standards management from a reactive task into a proactive business process.

The Benefits Go Beyond Compliance

Keeping standards and internal documentation current can provide benefits beyond simply meeting regulatory requirements.

It can help businesses:

  • Reduce operational risk
  • Improve workplace safety
  • Improve consistency
  • Reduce errors and rework
  • Strengthen employee training
  • Demonstrate due diligence
  • Improve quality
  • Support tender and contract requirements
  • Prepare for audits
  • Improve customer confidence
  • Identify outdated business practices
  • Maintain better organisational knowledge

Standards can provide businesses with a recognised framework for achieving consistent and reliable outcomes.

A Final Reminder For Australian Businesses

Your business’s procedures are only as useful as the information on which they are based.

If a procedure references an Australian Standard from five or ten years ago, don’t assume it is still current. Check it.

If your business has introduced new equipment, technology or services, don’t assume your existing standards register still covers everything. Review it.

And if you discover that a standard has changed, don’t simply update the reference number. Determine whether the change affects the way your business actually operates.

Standards management is ultimately about keeping the connection between external requirements and internal business practices alive.

Regularly reviewing standards, legislation, industry codes and the documents that reference them can help Australian businesses stay informed, reduce risk and maintain processes that are fit for purpose.

Important: This article provides general information and is not legal or compliance advice. Businesses should confirm the specific requirements applicable to their industry, state or territory, products, services and contractual obligations with the relevant regulator or suitably qualified adviser.