CRA-14.9.1
Past version: Effective from 01 Apr 2019 to 31 Mar 2023
To view other versions open the versions tab on the right
Article 48 of the CBB Law empowers the CBB to cancel or amend a license under certain circumstances. These include cases where a
(a) Failed to satisfy its license conditions;
(b) Violated the terms of the CBB Law, CBB Regulations or this Module; or
(c) Failed to start business within six months from the date of the license;
(d) Ceased to carry out the licensed activities permitted; or
(e) Not acted in the legitimate interest of its customers or creditors.
Added: April 2019