Guidance on change of ownership in hazardous facilities
This guidance is a high level document prepared as part of the OECD Chemical Accidents Programme.
It aims to:
• Raise awareness that ownership change is not just a business affair but can be associated with an increase in risk at a facility;
• Give general principles for supporting a safe ownership change that are accessible to a non-technical audience;
• Give a framework to assist all stakeholders in identifying, understanding and minimising the main risk drivers before, during and after a change of ownership at a hazardous facility;
• Support stakeholders involved in ownership change in identifying the main questions necessary to help make the change of ownership a better informed and transparent process with the goal of preventing potential accidents associated with ownership change;
• Complement the OECD Guiding Principles for Chemical Accident Prevention, Preparedness and Response.
For the purpose of this guidance, a hazardous facility is one that uses, stores, processes or produces dangerous substances and has the potential to cause a chemical accident that could result in serious harm to human health, the environment or property.
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