History — 302.505

302.505 (1) The person managing the safety management system shall (a) implement a reporting system to ensure the timely collection of information related to hazards, incidents and accidents that may adversely affect safety; (b) identify hazards and carry out risk management analyses of those hazards; (c) investigate, analyze and identify the cause or probable cause of all hazards, incidents and accidents identified under the safety management system; (d) implement a safety data system, by either electronic or other means, to monitor and analyze trends in hazards, incidents and accidents; (e) monitor and evaluate the results of corrective actions with respect to hazards, incidents and accidents; (f) monitor the concerns of the civil aviation industry in respect of safety and their perceived effect on the holder of the airport certificate; and (g) determine the adequacy of the training required by paragraph 302.502(f). (2) The person managing the safety management system shall, if a finding resulting from the safety management system referred to in section 302.501 is reported to them, (a) determine what, if any, corrective actions are required and carry out those actions; (b) keep a…