Entire section Custom print Link Text Only Rich Text Print
  Versions

 

GR-4.2.1

A controller of a licensee is a natural or legal person who either alone, or with his associates:

(a) Holds 10% or more of the issued and paid up share capital in the licensee ("L"), or is able to exercise (or control the exercise of) 10% or more of the voting power in L;
(b) Holds 10% or more of the issued and paid up share capital in a parent undertaking ("P") of L, or is able to exercise (or control the exercise of ) 10% or more of the voting power in P; or
(c) Is able to exercise significant influence over the management of L or P.
January 2014