AU-5.5.4

Past version: Effective from 01 Jul 2007 to 30 Sep 2011
To view other versions open the versions tab on the right

As provided for under Article 48 of the CBB Law, the CBB may itself move to cancel a license, for instance if a licensee fails to satisfy any of its existing license conditions or protecting the legitimate interests of customers or creditors of the licensee requires a cancellation. See also Chapter EN-7, regarding the cancellation or amendment of licenses, including the procedures used in such instances.

Amended: July 2007