(1) A person who wishes to obtain a licence to operate an offshore higher education institution under this Act shall pay the prescribed application fee to the Comptroller of Inland Revenue and submit an application to the Board in accordance with subsection (2).
(2) The application shall —
(a) be in writing in the prescribed form as set out in Schedule 2;
(b) include a proposal as regards the programmes of study to be offered by the offshore higher education institution.
(3) Upon receipt of the application, the Board shall consider whether the applicant satisfies the relevant requirements prescribed or provided under this Act.
(4) The Board shall not, in considering an application, be restricted to the information contained in the application.