5‑10 Requirements relating to the applic5‑10 Requirements relating to the applicant

5‑10 Requirements relating to the applicant

(1) The applicant for approval of the proposed arrangement: (a) must be an Australian company; and (b) must not hold a livestock export licence. (2) The applicant for approval of the proposed arrangement must not have any direct or indirect pecuniary or other interest that conflicts, or could conflict, with the proper carrying out of the exporter supply chain assurance operations covered by the arrangement.

Note: The application for approval must be accompanied by a declaration stating:

(a) the interests (if any), direct or indirect and pecuniary or otherwise, of the applicant that conflict or could conflict with the applicant’s ability to properly carry out the exporter supply chain assurance operations covered by the arrangement; or
(b) if the applicant has no such interests—that fact (see section 5‑27).

(3) The proposed arrangement must record that the applicant for approval of the proposed arrangement is committed: (a) to meeting the objects referred to in section 3 of the Act that are applicable to the exporter supply chain assurance operations covered by the arrangement; and (b) to complying with the requirements of the Act in relation to those operations; and (c) to carrying out those operations in accordance with the arrangement.