‹ GR-4.3.2 GR-4.3.4 › GR-4.3.3 A natural person will not be allowed to own or control more than 15% of the issued and paid up capital of a licensee. Such person must satisfy the conditions in Paragraph GR-4.3.6 below. January 2014 ‹ GR-4.3.2 GR-4.3.4 ›