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BR-2.3.9

Past version: Effective from 01 Jan 2013 to 31 Mar 2013
To view other versions open the versions tab on the right

In accordance with Section GR-5.1, licensees must seek CBB prior approval and give reasonable advance notice of any of the following events:

(a) A person acquiring control or ceasing to have control of the licensee;
(b) An existing controller acquiring an additional type of control (such as ownership or significant influence) or ceasing to have a type of control of the licensee;
(c) An existing controller increasing the percentage of shares or voting power beyond 10%, 20% or 50% of the licensee; and
(d) An existing controller becoming or ceasing to be a parent undertaking of the licensee.
January 2013