Extract from AS/NZS 3019:2007
(Extract) Verification, by inspection and/or testing is intended, as far as reasonably practicable, to determine whether the installation and all its constituent equipment is in a safe condition for continued use.
2.1 Reporting of electrically unsafe installations
Legislation requires specific action (disconnection, isolation, making safe, etc.) or reporting of any defect which constitutes an electrical hazard to persons, livestock or property.