(1) An application for registration and licence to operate a private health insurance scheme shall be made to the Board in the prescribed form.

(2) The application shall be submitted with the following documents, information and particulars

(a) two copies of the constitution, or regulations intended to govern the operation of the scheme;

(b) the names, and -particulars of 'members of the growing body of the proposed schedule;

(c) the persons proposed to manage or administer the scheme and the qualifications of the persons;

(d) a statement of the minimum number of persons to be covered by the scheme;

(e) the proposed ,healthcare providers and health care facilities available to or proposed to be used by the scheme;

(f) the health care benefits package under the scheme;

(g) the proposed minimum contribution for membership; and

(h) evidence of the availability of any minimum financial security, where applicable, required in respect of the type of scheme.

(3) The Board may require an applicant to furnish it with any other information that the Board considers necessary to determine the application.