Article 100 - Sanction of a Relevant Scheme by the Tribunal

The Tribunal may make an order under this Article sanctioning a Relevant Scheme if:

(1) the requirements stipulated by the Regulatory Authority pursuant to Articles 97 and 98 have been complied with;
(2) on or before the Relevant Scheme becoming effective, the transferee:
(A) will have the authorisation required (if any) to enable it to carry on the business which is to be transferred to it in the place to which it is to be transferred; and
(B) will possess adequate financial resources to carry on the business concerned in accordance with the legislation applicable in the place to which it is to be transferred; and
(3) the Tribunal considers, in all the circumstances of the case, it is appropriate to sanction the Relevant Scheme.