Section 46: Variation of permission on acquisition of control
110.The Authority may also impose a new requirement or vary an existing one if:
someone “acquires control” over the UK authorised person within the meaning of Part XII; and
the result is that although the Authority does not consider that it has grounds to object to the acquisition, it nevertheless considers that there is some significant uncertainty about the impact of the acquisition, or further acquisition, of control on the conduct of the authorised person’s business.
