Starting Operations of a Branch
AU-4.2.3
Licensees should submit to the CBB confirmation that the authorised branch has commenced operations within 6 months of the authorisation letter.Amended: April 2011
October 2010AU-4.2.4
An application for authorisation of a new branch will not be considered by the CBB unless the written confirmation that the preceding branch is operational, as required in Rule AU-4.2.3 above, has been submitted.
October 2010