(1) An alien investor shall make an application to the Chief Immigration Officer for an alien investor entrance permit in the prescribed form.
(2) An application under subsection (1) must be supported by —
(a) the letter issued by the Unit under section 43(2);
(b) a valid certificate;
I a valid licence issued under the former Act or an alien landholding licence;
(d) a valid passport —
(i) of the alien investor,
(ii) of a dependant of an alien investor,
(iii) in the case of an alien investor that is a company, of each director, beneficial owner or shareholder of that company.
(3) On receipt of an application for an alien investor entrance permit under subsection (1) and (2), the Chief Immigration Officer shall make a request to the Unit for the results of a due diligence check on —
(a) a dependant who is 16 years of age or older;
(b) a director, beneficial owner or shareholder of the company at the time the company obtained a valid certificate or a director, beneficial owner or shareholder that has changed by a notice of a change of director, beneficial owner or shareholder under section 50.
(4) The Unit shall submit to the Chief Immigration Officer the results of a due diligence check requested under subsection (3).