(1) After receiving a proposal from a proposed university for the establishment or recognition of a university in the ACT, the Minister must refer the proposal to a university advisory panel.
(2) The panel must decide the extent to which the proposed university has the characteristics, and fulfils the role, of a university.
(3) The panel must consider—
(a) the proposal; and
(b) other information given to the Minister by the proposed university; and
(c) if the council has commented on the proposal, the council's comments; and
(d) any other relevant information available; and
(e) any guidelines under section 86 (Panel guidelines).
(4) In considering the proposal, the panel must consult with relevant academic, professional or industry bodies.