Controller

Past version: Effective from 18 Jul 2025 to 30 Jun 2007
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A Controller is a natural or legal person who:

a) holds 10% or more of the shares in the licensee ("L"), or is able to exercise (or control the exercise) of more than 10% of the voting power in L; or
b) holds 10% or more of the shares in a parent undertaking ("P") of L, or is able to exercise (or control the exercise) of more than 10% of the voting power in P; or
c) is able to exercise significant influence over the management of L or P.