ES-2.3.2

Past version: Effective from 01 Jul 2007 to 31 Mar 2011
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For licensees that do not meet the requirements of Paragraph HC-1.2.4 [separation between Chairman of the Board and Chief Executive], the CBB may grant, upon application by the licensee, a transition period allowing the licensee to maintain the current structure for a limited period.

Amended: January 2007