(1) The Authority may, if satisfied that a person is the holder of a licence within the meaning of a prescribed law, or is otherwise accredited or approved (however described) under a prescribed law, or under a prescribed scheme relating to labour hire (however described), do one or more of the following—
(a) not require the person to provide to the Authority information that the Authority would otherwise require to determine a matter under this Act or the regulations;
(b) determine, without any further consideration, that the person—
(i) is a fit and proper person for one or more purposes of this Act or the regulations; or
(ii) otherwise satisfies a prescribed condition or requirement of this Act or the regulations.
(2) For the purposes of subsection (1), the Authority may require a person to verify by statutory declaration that the person is the holder of a licence or is otherwise accredited or approved (however described) under a prescribed law, or under a prescribed scheme relating to labour hire (however described).