The Minister must not make a recommendation under section 12(2) unless the Minister—
(a) is satisfied that—
(i) there is little consumer benefit to be gained by requiring the persons proposed to be exempted from the requirement to be licensed; and
(ii) there are sufficient processes in place to ensure competent and ethical conduct on the part of those persons; and
(b) has consulted with representatives of organisations that, in the opinion of the Minister, have an interest in the proposed exemption.