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MIR-6.1.1

Past version: Effective from 15 Dec 2009 to 31 Mar 2013
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The CBB must be notified in any of the following cases:

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

The controller or the person intending to take control over the member, and the member itself, if it is aware of such case, should notify the CBB as per rule MIR-6.1.3.

Adopted January 2010