Regulator must not issue the licence unless satisfied as to risk management
56 Regulator must not issue the licence unless satisfied as to risk management
The Regulator must not issue the licence unless the Regulator is satisfied that any risks posed by the dealings proposed to be authorised by the licence are able to be managed in such a way as to protect —
the health and safety of people; and
the environment.
For the purposes of subsection (1), the Regulator must have regard to the following —
if a risk assessment has been prepared under section in relation to those dealings — the risk assessment;
if a risk management plan has been prepared under section 50 in relation to those dealings — the risk management plan;
any submissions received under section 52 in relation to the licence;
any policy guidelines in force under section 23 that relate to —
risks that may be posed by the dealings proposed to be authorised by the licence; or
ways of managing such risks so as to protect the health and safety of people or to protect the environment.
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