Upon receipt of an application for permission of the State Comptroller that complies with the requirements of sections 85.3, 85.4, 85.5 and 85.6 of this Part, the Comptroller, after reviewing the same, shall make his final determination and make an order, in duplicate, granting or denying the permission sought.
N.Y. Comp. Codes R. & Regs. Tit. 2 § 85.7