LR-1A.1.24

Past version: Effective from 01 Oct 2010 to 31 Mar 2014
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Thus, licensees are required to notify the CBB should an approved person transfer to another function within the licensee, or to another group entity; or else resign, be suspended or dismissed. The CBB may require further clarification as to the reasons for the person's transfer or departure. The CBB will automatically withdraw the individual's approved person status: should the person wish to undertake another controlled function, whether within the same licensee or in another licensee, then a new application should be resubmitted.

October 2010