Change of control requirement for underwriters: prior approval retained while other changes require half yearly reporting to regulator. Amendment removes the general prior approval requirement for underwriters except that prior approval for change in control remains; underwriters must file a half yearly electronic report within 15 days of the half year end reporting amalgamation/demerger/consolidation or similar corporate restructuring, director changes, partnership partner changes not amounting to dissolution, and shareholding changes not causing change in control, using the prescribed email address and subject line, and indicating if no changes occurred.
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Provisions expressly mentioned in the judgment/order text.
Change of control requirement for underwriters: prior approval retained while other changes require half yearly reporting to regulator.
Amendment removes the general prior approval requirement for underwriters except that prior approval for change in control remains; underwriters must file a half yearly electronic report within 15 days of the half year end reporting amalgamation/demerger/consolidation or similar corporate restructuring, director changes, partnership partner changes not amounting to dissolution, and shareholding changes not causing change in control, using the prescribed email address and subject line, and indicating if no changes occurred.
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