The CBB must be notified in any of the following cases:
(a) If effective control over a licensed exchange or licensed market operator takes place indirectly whether by way of inheritance or otherwise;
(b) Gaining control directly as a result of any action leading to it;
(c) The intention to take any of the actions that would lead to control;
The controller or the person intending to take control over the licensed exchange or licensed market operator, as the case may be and by the licensed exchange or licensed market operator itself if it is aware of such case.
Amended: April 2013