(b) brand brand new or any other proof can be obtained or it’s clear that material circumstances have actually changed. 2008, c. 9, s. 19.
Part III Regulation of Licensees
Disclosure to Registrar
Home elevators firm
20 (1) a job candidate for a renewal or licence of a licence this is certainly a business shall reveal towards the Registrar the identity of,
(a) each individual or entity that beneficially has or controls 10 percent or even more associated with equity shares regarding the organization given and outstanding at the time of the applying; and
(b) individuals or entities being related to each other and that together beneficially obtain or get a handle on 10 per cent or maybe more of this equity stocks associated with the organization granted and outstanding during the time of the applying. 2008, c. 9, s. 20 (1).
Calculating amount of stocks
(2) In determining the full total wide range of equity stocks of this firm beneficially owned or controlled when it comes to purposes of subsection (1), the final amount shall be calculated while the final number of all of the stocks beneficially owned or managed, but each share that holds the ability to several vote will be determined while the quantity of stocks equalling the full total range votes carried. 2008, c. 9, s. 20 (2).
Notice of modifications in stocks
21 (1) aside from the disclosure needed under part 20, every licensee this is certainly a company shall inform the Registrar written down within 1 month following the dilemma of any equity stocks regarding the company, in the event that problem results in,