5.—(1) To be valid an application for an integration loan—
(a)must be made in writing to the Secretary of State;
(b)must be made by an applicant who satisfies the criteria set out in regulation 4;
(c)must include the information set out in the Schedule and must stipulate the use to which the applicant intends to put an integration loan;
(d)must include a declaration by the applicant that the information given is correct to the best of his knowledge and belief.
(2) Where a valid application for an integration loan has been made the Secretary of State may make an integration loan.