(1)  After considering all submissions made within the time specified in a notice of proposal to prepare a draft environment protection policy under section 96G(2) , the Minister may prepare a draft environment protection policy.

(2)  When preparing a draft environment protection policy, the Minister must also prepare an impact statement which –

(a) explains the purpose and effect of the policy; and

(b) complies with Schedule 2 to the Subordinate Legislation Act 1992 .