Deciding application
11 Deciding application
The Minister must consider the application and decide to approve or not approve the application.
In considering the application, the Minister may have regard to—
the financial standing of the applicant; and
whether the stated objects of the proposed foundation are consistent with the objects mentioned in section 7; and
whether the applicant has a sufficient understanding of legislation applying to foundations; and
other matters the Minister considers appropriate.
The Minister must recommend to the Governor in Council the making of a regulation under section 12 to establish the foundation if the Minister is satisfied—
the foundation is likely to support or improve public health; and
it is in the public interest to establish the foundation.
The Minister must as soon as practicable give the applicant notice of the Minister’s decision.
This provision refers to the regulations (a regulation
). Made under this Act:
This Act’s bill:Explanatory memorandumSecond reading speech
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