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LEGISLATIVE COUNCILPORTFOLIO COMMITTEESBUDGET ESTIMATES 20182019 Supplementary Questions Portfolio Committee No. 5 Industry and TransportTransport and InfrastructureHearing: Friday 31 August 2018Answers

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Principles and guidelines are frameworks designed to provide direction and clarity on best practices in various contexts, such as business operations, regulatory compliance, and ethical considerations.

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Organizations and individuals who are subject to specific regulatory requirements or best practice standards are typically required to file principles and guidelines.

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The purpose of principles and guidelines is to establish a standard of practice that ensures compliance, enhances transparency, and promotes ethical operations.

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Information typically reported on principles and guidelines includes organizational policies, compliance-related procedures, and any metrics used for measuring adherence to the guidelines.