Flood and Water Management Act 2010

2 “Risk” E+W

(1) “Risk” means a risk in respect of an occurrence assessed and expressed (as for insurance and scientific purposes) as a combination of the probability of the occurrence with its potential consequences.

(2) “Flood risk” means a risk in respect of flood.

(3) “Coastal erosion risk” means a risk in respect of coastal erosion.

(4) In each case the potential harmful consequences to be considered in assessing risk include, in particular, consequences for—

(a) human health,

(b) the social and economic welfare of individuals and communities,

(c) infrastructure, and

(d) the environment (including cultural heritage).

Modifications etc. (not altering text)

C1 Ss. 1-3 applied by 2005 c. 5, s. 86B(4) (as inserted (with effect in accordance with Sch. 5 para. 9 of the amending Act) by Finance Act 2015 (c. 11), Sch. 5 para. 1)

Commencement Information

I1 S. 2 in force at 1.9.2010 for specified purposes by S.I. 2010/2169, art. 3(2)(b)

I2 S. 2 in force at 1.10.2010 in so far as not already in force by S.I. 2010/2169, art. 4, Sch.