Article 30 - Status of Authorisation
Authorisation granted pursuant to this Part is not transferable.
(2) If the
Authorised Firm is a partnership or an unincorporated association:
(A) it is authorised to carry on the
Regulated Activities concerned in the name of the partnership or unincorporated association; and
Authorisation is not affected by any change in its membership.
(3) Article 30(2)(B) is subject to the requirements as to the approval of and notification of
Controllers and changes of control contained in Part 6.