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  • Controllers

    • BR-2.3.5

      In accordance with Section GR-7.1, licensees must seek CBB prior approval and give reasonable advance notice of any of the following events:

      (a) A person acquiring control or ceasing to have control of the licensee;
      (b) An existing controller acquiring an additional type of control (such as ownership or significant influence) or ceasing to have a type of control of the licensee;
      (c) An existing controller increasing the percentage of shares or voting power of the licensee; and
      (d) An existing controller becoming or ceasing to be a parent undertaking of the licensee.
      April 2016