10. For the purposes of these Regulations the requirements of professional competence are satisfied by a railway undertaking when: –
(a)the undertaking has or will have a management organisation which possesses the knowledge and experience necessary to exercise safe and reliable operational control and supervision of the type of operations specified in the licence;
(b)its personnel responsible for safety, in particular the drivers of the rolling stock, are fully qualified for their field of activity; and
(c)its personnel, rolling stock and organisation can ensure a high level of safety for the services to be provided.