Glossary Term: Good Industry Practice

Ensuring that the same levels of skill, diligence, caution and planning will be applied under the same circumstance, across the industry.

BSC defined definition

In relation to any undertaking and any circumstances, the exercise of that degree of skill, diligence, prudence and foresight which would reasonably and ordinarily be expected from a skilled and experienced operator engaged in the same type of undertaking under the same or similar circumstances.

BSC documentation

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