(1) The regulator must not grant an exemption under section 686 unless satisfied that granting the exemption will result in a standard of health and safety that is at least equivalent to the standard that would have been achieved without that exemption.
(2) For subsection (1) , the regulator must have regard to all relevant matters including whether or not—(a) the obtaining of the high risk work licence would be impractical; and(b) the competencies of the person to be exempted exceed those required for the grant of a high risk work licence; and(c) any plant used by the person can be modified in a way that reduces the risk associated with using that plant.