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In this video, Michael from First Aid Oz discusses the importance of understanding duty of care and incident reporting in first aid, especially within employment or subcontracting contexts. Duty of care refers to the legal responsibility one has towards others, which encompasses not just performing a paid service but also ensuring the health and safety of individuals. If an incident occurs requiring medical attention, the person providing first aid is primarily responsible for ensuring that care is administered, whether through self-administered first aid or by seeking further medical assistance. It emphasizes the legal obligations that come with providing first aid in professional settings.