In the process of setting ceilings on land regard shall be had to land use, location, feasibility study, proven ability of the applicant to the develop the land. Every local authority shall submit to the Minister responsible for lands proposals for land ceilings for its area in accordance with regulation 4. Before submitting the land ceilings, the local authority shall invite interested persons to submit proposals on land ceilings and commission a feasibility study. Procedures for decision makin