substitute
(2) The relevant controlling body must not renew the approval unless—
(a) satisfied that the applicant is—
(i) a licensed wagering operator; and
(ii) a suitable person to hold an approval having regard to the matters mentioned in section 61L; and
(b) the relevant controlling body has considered or disregarded any matter prescribed by regulation.
Note A renewal is subject to certain conditions and may be subject to other conditions imposed by the relevant controlling body (see s 61M and s 61N).