; (2) the applicant is able to comply with this Act and any terms and conditions prescribed under section 404(a), is financially responsible, and will operate the offshore aquaculture facility using the best practicable technology and maintain it in good working order; and (3) issuance of the offshore aquaculture permit is not prohibited under section 408. (b) Authorized activities An offshore aquaculture permit holder shall be authorized to conduct offshore aquaculture consistent with— (1) this Act, including regulations promulgated to carry out this Act; (2) other applicable provisions of law, including regulations; and (3) any terms or conditions imposed by the National Oceanic and Atmospheric Administration. (c) Permit procedure (1) Application An applicant for an offshore aquaculture permit shall submit an application to the Secretary. The application shall specify— (A) the proposed location of the offshore aquaculture facility and the location of any on-shore facilities; (B) the type of aquaculture operations that will be conducted at all facilities described in subparagraph (A); (C) the cultured species, or a specified range of species, to be propagated or reared, or both, at the offshore aquaculture facility; (D) the ways in which the permit holder will comply with the national standards for sustainable offshore aquaculture described in section 101; (E) plans to respond to— (i) a natural disaster; (ii) an escapement; and (iii) disease