(1) If an association makes an application in accordance with section 7, the Board must consider the application as soon as practicable and decide:
(a) to recognise the association under subsection (2) or (3) of this section; or
(b) to refuse to recognise the association.
Note: A decision to refuse to recognise an association is a reviewable decision (see section 18).
(2) The Board must recognise the association as a recognised BAS agent association if the Board is satisfied that the association meets the requirements in clauses 101 to 109 of Part 1 of Schedule 1.
(3) The Board may also recognise the association as a recognised BAS agent association if:
(a) the Board is satisfied that the association meets the requirements in clauses 101 to 107 of Part 1 of Schedule 1; and
(b) the Board considers it appropriate to recognise the association having regard to:
(i) the purposes of this instrument and the Act; and
(ii) the role of recognised BAS agent associations.
(4) If the Board recognises the association as a recognised BAS agent association under subsection (2) or (3), the Board must give the association written notice of the decision.