(1) Before issuing the licence, the Regulator must prepare a risk assessment and a risk management plan in relation to the dealings proposed to be authorised by the licence.
(2) In preparing the risk assessment, the Regulator must take into account the risks posed by the dealings proposed to be authorised by the licence, including any risks to the health and safety of people or risks to the environment.
(3) In preparing the risk management plan, the Regulator must take into account the means of managing any risks posed by the dealings proposed to be authorised by the licence in such a way as to protect:
(a) the health and safety of people; and
(b) the environment.
(4) The Regulator may consult:
(a) the States; and
(b) the Gene Technology Technical Advisory Committee; and
(c) relevant Commonwealth authorities or agencies; and
(d) any local council that the Regulator considers appropriate; and
(e) any other person the Regulator considers appropriate;
on any aspect of the application.