(1) The Authority shall, before 1 January 2013 -

(a) first, evaluate and analyse each type of relevant contract on offer in the State in order to ascertain, to the Authority's satisfaction, whether that type of relevant contract does not provide for advanced cover, and

(b) second, if the Authority is satisfied that that type of relevant contract does not provide for advanced cover -

(i) by regulations specify that the Authority is satisfied that that type of relevant contract does not provide for advanced cover, and

(ii) after making such regulations, enter particulars in The Register of Health Insurance Contracts to indicate that that type of relevant contract has been so specified as not providing for advanced cover.

(2) Where a sample of a new type of relevant contract is submitted to the Authority under section 7AB(1), the Authority shall, before the expiration of 30 days after the sample was so submitted -