MAE-2.1.3
Past version: Effective from 01 Oct 2008 to 31 Mar 2013
To view other versions open the versions tab on the right
The CBB may, at any time after receiving a notification referred to in Paragraph MAE-2.1.2 and after providing the licensed exchange and licensed market operator an opportunity to be heard, issue directions to the
(a) Where the notification relates to a matter referred to in Paragraph MAE-2.1.1 (b):
1. To cease carrying on the first-mentioned business referred to in Paragraph MAE-2.1.1 (b); or
2. To carry on the first-mentioned business referred to in Paragraph MAE-2.1.1 (b) subject to such conditions or restrictions as the CBB may impose; or
(b) Where the notification relates to a matter referred to in Paragraph MAE-2.1.1 (c):
1. To dispose of the shareholding referred to in Paragraph MAE-2.1.1 (c); or
2. To exercise its rights relating to such shareholding subject to such conditions or restrictions as the CBB may impose, and the licensed exchange or licensed market operator shall comply with such directions.