TC-2.3 TC-2.3 Transitional Period
TC-2.3.1
The requirements of this Module for
licensees are effective from the issuance date of this Module.January 2014TC-2.3.2
New applications for
approved persons are subject to the requirements of this Module (See Paragraph TC-B.1.3).January 2014TC-2.3.3
Approved persons occupyingcontrolled functions at the time this Module is issued will be grandfathered and not subject to the requirements of this Module, with the exception of CPD requirements in Paragraph TC-1.2.1 and Paragraph BR-1.1.2(k). However, should theapproved person move to anothercontrolled function , Paragraph TC-2.3.4 will apply.Amended: April 2017
January 2014TC-2.3.4
In instances, where an
approved person in onelicensee moves to anotherlicensee and occupies the same function, the CBB will exercise its discretion on whether to grandfather suchapproved person from the required qualifications and competencies outlined in Appendix TC-1 into the newlicensee . The grandfathering criteria used by the CBB will include a comparison of the scope and size of both positions. This will also apply in instances where anapproved person in onelicensee moves from one department to another within the samelicensee .January 2014