(1) A radioactive waste management facility established on a site selected under this Act must not commence accepting any radioactive waste for storage, management or any other purpose, unless:
(a) the requirements specified in subsection (2) of this section have been met; and
(b) the Minister has given to the person managing the facility a notice certifying that each of those requirements has been met.
(2) The requirements to be met for the purposes of subsection (1) are:
(a) that the Fund stands in credit to the value of at least $10,000,000; and
(b) either:
(i) the Commonwealth has entered into an agreement with the relevant State or Territory for the administration of the Fund, which provides that the Fund be administered by the Minister, on the advice of a committee chaired by the Premier or Chief Minister of the relevant State or Territory and comprising 3 other persons resident in that State or Territory with expertise in education, infrastructure and health respectively; or
(ii) failing such agreement--the Commonwealth has established a committee comprising 3 persons with expertise in education, infrastructure and health resident in the relevant State or Territory, whose function is to advise the Minister on the administration of the Fund by the Minister.