5.—(1) Where an application is made under regulation 4 the National Assembly shall, after carrying out such investigations and inspections as it may think fit, register the applicant as a person who may engage in the seed industry activity to which his or her application relates if it is satisfied that the applicant is a suitable person to engage in such activity.
(2) In deciding whether an applicant is a suitable person to engage in the seed industry activity to which his or her application relates the National Assembly may take into account the matters specified in Part I of Schedule 1.