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will take place;

(c) the financial group is structured and managed in such a manner that it may be supervised by the Central Bank; (d) each member of the financial group maintains adequate control mechanisms enabling it to provide to the Central Bank any data or information relevant to its supervision; (e) activities or overseas locations of operations that may be injurious to the licensed financial institutions that are members of the financial group are prevented, and the Central Bank may from time to time, vary, remove or add further conditions to the licence. (a) carry on any activity other than administering its holding of shares in members of its financial group or providing management, advisory, financing, accounting, information processing services to members in the financial group or any other services as approved by the Central Bank; (b) directly or indirectly exercise control over any member of another financial group, without the prior approval of the Central Bank; or (c) directly or indirectly, acquire or hold any share or ownership interest in any commercial, agricultural or industrial company or unincorporated entity. Restriction on activities of financial holding companies A licensed financial holding company shall not:

40. (1)

(2) A licensed financial holding company may acquire interest in any company that engages in activities permissible for licensed financial institutions under section 10.

(3) The Central Bank may issue prudential standards under this section, without

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