63Approving the draft standard or draft variation

#### 63 Approving the draft standard or draft variation (1) After the submission period, the Authority must: (a) do one of the following: (i) approve the draft standard or draft variation; (ii) approve the draft standard or draft variation subject to such amendments as the Authority considers necessary; (iii) reject the draft standard or draft variation; and (b) prepare a report under this section. > Note 1: The Board must not delegate its powers to act on behalf of the Authority under paragraph (a)—see section 150. > Note 2: The draft does not take effect except in accordance with a notice under section 93. (2) The Authority must have regard to all submissions made during the submission period in making a decision under subsection (1). (3) The report must include each of the following: (a) the reasons for initially preparing the proposal; (b) a summary of the results of the Authority’s assessment of the proposal; (c) a summary of the submissions received by the Authority in relation to the draft standard or draft variation; (d) the Authority’s response to the issues raised in those submissions; (e) whether the draft standard or draft variation was amended after submissions were made and, if so, the reasons for those amendments; (f) the Authority’s reasons for approving or rejecting the draft standard or draft variation; (g) a copy of the draft standard or draft variation on which submissions were received; (h) if the draft standard or draft variation was amended after submissions were made—a copy of the draft standard or draft variation as amended; (i) if applicable—a Regulation Impact Statement.