[COM 277] Obligation to report changes277 

277

Where—

• (a)the holder of a securities industry licence ceases to carry on the business to which the securities industry licence relates; or
• (b)a change occurs in any of the particulars which are required by section 276 to be entered in a register of licence holders with respect to the holder of a securities industry licence,

the holder of the securities industry licence must within 14 days of the occurrence of the event concerned, give to the Reserve Bank, particulars of such event in the prescribed form or if there is no such form, in the form and manner prescribed by the Reserve Bank.