(1) An eligible undertaking may apply to the Bank for a reinsurance authorisation in accordance with this Regulation.
(2) An application must -
(a) specify the kind of reinsurance business that the applicant proposes to carry on and contain such information with respect to the applicant as is indicated on a form provided or approved by the Bank, and
(b) be accompanied by or include satisfactory information about the identities of -
(i) the persons who are or will be officers of the undertaking, and
(ii) those persons who have qualifying holdings (whether direct or indirect) in the undertaking, the amounts of those holdings, and the qualifications of those persons, and
(c) be accompanied by a copy of the undertaking's memorandum and articles of association, and
(d) be accompanied by or include a scheme of operations that complies with Regulation 9, and
(e) contain such other information, and be accompanied by such documents, as the Bank reasonably requires, and
(f) be accompanied b