(a) An application for a repair station certificate and rating, or for an additional rating, is made on a form and in a manner prescribed by the Administrator, and submitted with duplicate copies of --

(1) [Reserved]

(2) Its inspection procedures manual;

(3) A list of the maintenance functions to be performed for it, under contract, buy another agency under §145.49 or appendix A; and

(4) In the case of an applicant for a propeller rating (class 2) or any accessory rating (class 1, 2, or 3), a list, by type or make, as applicable, of the propeller or accessory for which he seeks approval.

(b) An applicant who meets the requirements of this part is entitled to a repair station certificate with appropriate ratings prescribing such operations specifications and limitations as are necessary in the interests of safety.