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The CBB must, within 3 months from the date of receipt of the notice referred to above, notify the controller or the personG intending to take control over a licensed exchangeG or licensed market operatorG , as the case may be, of its approval of control, any of the actions which would lead to a control, or the refusal thereof as the CBB may determine at its own discretion.

Amended: July 2016
(2 Versions)
Oct 1 2008 - Jun 30 2016Jul 1 2016 onwards
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