(1) It is a condition
of a licence that the licence holder inform the Regulator if the licence
holder —
(a)
becomes aware of additional information as to any risks to the health and
safety of people, or to the environment, associated with the dealings
authorised by the licence;
(b)
becomes aware of any contraventions of the licence by a person covered by the
licence; or
(c)
becomes aware of any unintended effects of the dealings authorised by the
licence.
(2) For the purposes
of subsection (1) —
(a) the
licence holder is taken to have become aware of additional information of a
kind mentioned in subsection (1) if the licence holder was reckless as to
whether such information existed; and
(b) the
licence holder is taken to have become aware of contraventions, or unintended
effects, of a kind mentioned in subsection (1) if the licence holder was
reckless as to whether such contraventions had occurred, or such unintended
effects existed.