MAE-5.2.3

Past version: Effective from 01 Oct 2008 to 31 Mar 2016
To view other versions open the versions tab on the right

The CBB may approve an application made under Paragraph MAE-1.1.1 of this Module if the CBB is satisfied that:

(a) The applicant is a fit and proper person to be a substantial shareholder;
(b) Having regard to the applicant's likely influence, the licensed exchange will or will continue to conduct its business prudently and in compliance with the provisions of this Module; and
(c) It would not be contrary to the interests of the public to do so.