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BR-2.3.15

Past version: Effective from 01 Oct 2009 to 31 Mar 2011
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As specified in Article 57 of the CBB Law, a Bahraini investment firm licensee incorporated in Bahrain must seek CBB approval and give reasonable advance notice of its intention to enter into a:

(a) Merger with another undertaking; or
(b) Proposed acquisition, disposal or establishment of a new subsidiary undertaking.
Amended: October 2009
Adopted: July 2007