(4) A person not entitled to be registered in accordance with subsections (1), (2) and (3) who establishes to the satisfaction of the Council that he or she is a graduate in nursing from a school that is recognised by the Council as providing a standard of training and examination not lower than that prescribed under this Act, and is registered and in good standing in the country, territory, state or province in which he or she graduated as a nurse, or in which he or she last practised as a nurse, and that he or she is a fit and proper person to be entered on the Register of Nurses shall, on making application to the Council and upon compliance with the requirements of this Act be entitled to be registered.