C4-1.2.28
In all cases, CBB approval to transfer business will only be given where:
(a) The transfer of business will not damage or otherwise prejudice the legitimate interests of the licensee’s customers;
(b) The transferee is duly licensed to undertake the business which it is to receive; and
(c) The CBB is satisfied that the transfer will not breach any applicable laws or regulations and would not create any supervisory concerns.
Added: January 2022