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What are the requirements for seeking approval for the change of shareholder/beneficial interest of a licence holder?

 
What are the requirements for seeking approval for the change of shareholder/beneficial interest of a licence holder?

When changing a shareholder/beneficial interest of a licence holder, the Commission must be presented with a breakdown of the Company's proposed shareholding (which must indicate the number and percentage of shares held by each proposed shareholder). Also, information on the new shareholder must include the following:

  • Two character references
  • A police certificate/affidavit as to non-criminal record
  • A completed personal questionnaire
  • Notarized copy of individual passport identification page(s).
  • Complete resume