(1) The regulations may declare a dealing with a GMO to be a notifiable low risk dealing for the purposes of this Act.
(2) Before the Governor - General makes regulations declaring a dealing with a GMO to be a notifiable low risk dealing, the Regulator must be satisfied that the dealing would not involve the intentional release of a GMO into the environment.
(3) Before the Governor - General makes regulations declaring a dealing with a GMO to be a notifiable low risk dealing, the Regulator must consider:
(a) whether the dealing with the GMO would involve any risk to the health and safety of people, or to the environment, taking into account:
(i) the properties of the GMO as a pathogen or pest; and
(ii) the toxicity of any proteins produced by the GMO; and
(b) if there is such a risk--whether one or more of the requirements prescribed in the regulations for the purposes of subsection 75(2) would be sufficient to manage that risk; and
(c) any other matter the Regulator considers appropriate.
(4) Regulations under subsection (1) may be expressed to apply to:
(a) all dealings with a GMO or with a specified class of GMOs; or
(b) a specified class of dealings with a GMO or with a specified class of GMOs; or
(c) one or more specified dealings with a GMO or with a specified class of GMOs.