Document ID: chunk:federal_register_of_legislation:C2025C00185:section:853b
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 853B
Character Range: 3433825–3434388

853B  Meaning of involved—in some licensees or applicants for a licence
  An individual is involved in a market licensee, a CS facility licensee, a derivative trade repository licensee or a benchmark administrator licensee, or an applicant for such a licence, if:
 (a) the individual is a director, secretary or senior manager of the licensee or applicant, or in a holding company of the licensee or applicant; or
 (b) the individual has more than 20% of the total voting power in the licensee or applicant, or in a holding company of the licensee or applicant.