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Digital Infrastructure Bill · cl 33

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cl 33Duty of licensee to report changes of equity and control of voting power

If a licensee becomes aware that —

(a)

a person has become a 5% controller of the licensee;

(b)

a person has ceased to be a 5% controller of the licensee;

(c)

a person has become an indirect controller of the licensee; or

(d)

a person has acquired, as a going concern, the licensee’s business of operating a data centre or any part of such business,the licensee must inform the Authority in writing within 7 days after becoming aware of that fact.