EN-8.3.2

Past version: Effective from 01 Jul 2007 to 30 Sep 2009
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All adverse findings have to be approved by an Executive Director of the CBB. Once approved, a notice of intent is issued to the person concerned and copied to the Board/senior management of the licensee, setting out the circumstances and the basis for the CBB's proposed adverse finding. The person has 30 calendar days from the date of the notice in which to make written representations, addressed to the Executive Director concerned, failing which a final notice is issued by the CBB. During this 30-day period, the person is suspended from the controlled function(s) specified in the notice (but not from performing other functions for the licensee, unless specified in the notice), and the licensee must immediately contact the CBB to discuss how the controlled function will be filled in the interim.

Amended: January 2007