Cap. 565 Art. 28Application to register.

(1) For a family business to be registered as such, tan application with any required documents shall be submitted to the

Regulator who shall determine, to his satisfaction, whether the application complies with the provisions of this Act.

(2) A business may apply for registration by submitting the prescribed application form provided by the Regulator.

(3) A non-refundable administration fee shall be submitted with every application irrespective of the outcome of the application.

(4) In considering an application, the Regulator may request the applicant to provide further information about the business or make representations on any matter on which he may have reservations or concerns in relation to the application.

(5) The Regulator may accept or refuse any application for registration on the basis of any of the following:

(a) the non-observance or otherwise of all the formalities required by this Act and as may be prescribed;

(b) the legality or otherwise of the purpose and objectives of the business that is not in compliance of the law or ethics in relation to its business activities;

(c) the fulfilment or otherwise of obligations relating to the payment of social security contributions in accordance with the applicable laws; under these regulations or has incorrectly supplied them.

(6) Where the Regulator requires proof from the applicant that none of the cases quoted in sub-article (5)(c), (d) and (e) have been met, it shall accept, as sufficient evidence, relevant certification issued by the administrative body in the country of origin or the country whence that person comes showing that these requirements have been met.