(b) brand brand new or any other proof can be obtained or it really is clear that product circumstances have actually changed. 2008, c. 9, s. 19.
Component III Regulation of Licensees
Disclosure to Registrar
Home elevators company
20 (1) a job candidate for the licence or renewal of the licence that is a company shall reveal to your Registrar the identity of,
(a) every person or entity that beneficially has or controls 10 % or even more regarding the equity stocks associated with the organization granted and outstanding during the time of the application form; and
(b) people or entities being connected with each other and that together beneficially obtain or get a handle on 10 percent or higher associated with the equity stocks associated with the organization given and outstanding at the time of the applying. 2008, c. 9, s. 20 (1).
Determining amount of stocks
(2) In determining the full total amount of equity stocks associated with business beneficially owned or managed for the purposes of subsection (1), the number that is total be determined due to the fact final number of most shares beneficially owned or managed, but each share that holds the ability to one or more vote will be determined due to the fact quantity of stocks equalling the full total wide range of votes carried. 2008, c. 9, s. 20 (2).
Notice of modifications in stocks
21 (1) as well as the disclosure needed under part 20, every licensee this is certainly a business shall alert the Registrar written down within 1 month following the presssing dilemma of any equity stocks of this organization, in the event that problem results in,
(a) anyone or entity, or any people or entities which can be related to one another, acquiring or gathering ownership that is beneficial control of 10 percent or higher regarding the final amount of most released and outstanding equity stocks of this business; or