(1) Any person may apply to have his name entered on the register as a registered buyer.
(2) An applicant for registration as a registered buyer shall furnished the manager with the following particulars-
(a) his name, including business name if he carries on business in a name other than his own;
(b) his business and private addresses;
(c) in the case of an employee or agent of another person, the name including the business name and the business and private addresses of his employer or principal;
(d) in the case of a representative of a hospital, institution, or unincorporated body of persons, the name and address of the hospital, institution or unincorporated body of persons that he represents; and
(e) the nature of his business, or reason for his application.
(3) On the receipt of an application under this by-law the manager may-
(a) accept an applicant as a registered buyer, subject to the condition that he should observe the provisions of these by-laws and of any administrative rules made by the Organization and duly displayed in accordance with by-law 6; or
(b) refuse to accept an applicant as a registered buyer on the grounds that he-
(i) is not a suitable person; or
(ii) has no bona fide interest in the wholesale marketing of marine fish.
(4) The manager shall, if requested to do so, state in writing the grounds for his refusal to accept an applicant as a registered buyer.