(1) In the case of an
Authorised Firm which is a Domestic Firm, a Person must not:
(a) become a
(b) increase the level of control which that
Person has in the firm beyond a threshold specified in (2),
Person has obtained the prior written approval of the DFSA to do so.
(2) For the purposes of (1)(b), the thresholds at which the prior written approval of the DFSA is required are when the relevant holding is increased:
(a) from below 30% to 30% or more; or
(b) from below 50% to 50% or more.