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BR-2.2.16

As specified in Article 52 of the CBB Law, a licensee must notify the CBB of the following events:

(a) If effective control over a licensee takes place indirectly whether by way of inheritance or otherwise;
(b) Gaining control directly as a result of any action leading to it; or
(c) The intention to take any of the actions that would lead to control.
January 2014