Article (45) The Granting of a Licence

(a) The Central Bank shall grant a licence to the applicant if he satisfies all the conditions set out in this law and any Regulations issued pursuant thereto.
(b) The Central Bank may specify in the license the place at which the licensed Regulated Services to be provided and impose such terms and conditions on the Licencee as it deems necessary for a proper performance of the Regulated Services.
(c) The Central Bank shall keep a register entitled the "Register of Licensed Financial Intuitions" on which all applications and supporting documents for licenses and any actions taken on them shall be recorded.