(3) An entity applying for a licence under these Regulations shall ensure that its shareholding conforms to the prevailing communications sector policy. (4) An applicant for a licence shall submit to the Commission— (a) Registration or identification documents prescribed by the Commission; (b) The applicant’s contact address; (c) Where applicable, a detailed business plans for the proposed services; (d) Detailed information relating the proposed system or services to be provided; (e) Where applicable, information relating to the previous experience in the management of the proposed system or the provision of the services for which a licence is sought; and (f) Any other information that the Commission may require. 5. Failure to submit documents or information. (1) Where an applicant fails to submit all documents or information required under these Regulations the Commission shall reject the application and inform the applicant, in writing, of the rejection. (2) Where the Commission rejects an application due to incomplete or insufficient information, the rejection shall not, except where a tender process is involved, bar the applicant from resubmitting the application. (3) The Commission shall treat the re-submitted application as a new application. 6. Granting of licences. Upon the completion of the application process, the Commission shall, if it is satisfied that the applicant has complied with the requirements under these Regulations, issue a licence to the applicant. 7. (1) The Commission may specify the terms and conditions of a licence consistent with the provisions of the Act, Regulations and other relevant circumstances. License terms and conditions (2) A licensee shall comply with all terms and conditions of its licence.