47What regulator must do in relation to application

47 What regulator must do in relation to application (1) Before issuing the licence, the regulator must prepare a risk assessment and a risk management plan in relation to the dealings proposed to be authorised by the licence (the proposed dealings).

(2) In preparing the risk assessment, the regulator must take into account the risks posed by the proposed dealings, including any risks to the health and safety of people and any risks to the environment. (3) In preparing the risk management plan, the regulator must take into account the ways of managing any risks posed by the proposed dealings that protect— (4) The regulator may consult any of the following on any aspect of the application: (a) the States; (b) the gene technology technical advisory committee; (c) relevant Commonwealth authorities or agencies; (d) any local council the regulator considers appropriate; (e) anyone else the regulator considers appropriate. Division 5.4 Initial consideration of licences for dealings involving intentional release of GMO into environment