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MAE-6.1.1

The CBB must be notified in any of the following cases:

(a) If effective control over a licensed exchangeG or licensed market operatorG 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 personG intending to take control over the licensed exchangeG or licensed market operatorG , as the case may be and by the licensed exchangeG or licensed market operatorG itself if it is aware of such case.

Amended: April 2013
 Versions
(2 Versions)
 
Oct 1 2008 - Mar 31 2013Apr 1 2013 onwards
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