(1) An application for registration shall be made to the Registrar on the approved form and shall be accompanied by evidence of payment of the registration fee specified in Schedule 3 and such documents as may be required by the Registrar.
(2) On receipt of an application the Registrar may request the applicant to furnish such additional information as the Registrar may consider necessary.
(3) Where a person wishes to be registered as an insurance agent or as an insurance salesman, the application shall be endorsed by the registered insurer (in this Part referred to as the principal) with whom that agent or salesman is contracted.