(1) On application to it by an Irish dividing company, the Court shall examine the proposed cross-border division and shall -

(a) subject to Regulation 17(11) as applied by paragraph (3), if it is satisfied that the company has complied with the pre-division requirements, issue a certificate (a "pre-division certificate"), or

(b) if it is not so satisfied, refuse to issue such a certificate.

(2) In making the application referred to in paragraph (1), the Irish dividing company shall submit the following documents to the Court:

(a) the draft terms under Regulation 52;

(b) where applicable, the directors' explanatory report under Regulation 53 and expert's report under Regulation 54;

(c) any opinion received under Regulation 29(10) as applied by Regulation 53;