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  • Controllers

    • BR-2.2.15

      If, as a result of circumstances outside the licensee's knowledge and/or control, one of the changes to their controllers specified in Paragraph GR-4.1.1 is triggered prior to CBB approval being sought or obtained, the licensee must notify the CBB the earlier of:

      (a) When the change takes effect; and
      (b) When the controller becomes aware of the proposed change (ref. GR-4.1.7).
      January 2014

    • BR-2.2.16

      As specified in Article 52 of the CBB Law, a licensee must notify the CBB of the following events:

      (a) If effective control over a licensee takes place indirectly whether by way of inheritance or otherwise;
      (b) Gaining control directly as a result of any action leading to it; or
      (c) The intention to take any of the actions that would lead to control.
      January 2014