(1) Where any change takes place in any particulars entered in the register in respect of any licensee (including any change of name by law), or a change takes place-
(a) in the case of a firm, in the membership thereof whether by reason of an amalgamation or the reduction of the number of partners or otherwise;
(b) in the case of a company-
(i) in the officers thereof;
(ii) in the control thereof by any person;
(iii) in the number of shares, or shares of a prescribed class, therein held by any person whereby the nominal value of any such shares held by that person exceeds such proportion of the nominal value of the share capital thereof or of the issued shares of that class, as the case may be, as may be prescribed;
(c) in the persons responsible for the management of his business as a money lender at any premises where the business is carried on,
the licensee shall give notice in writing of such change to the Registrar within 21 days after the change takes place and the Registrar may in respect of any such change enter such particulars, or alter any particulars entered, in the register as he thinks fit. (Amended 69 of 1988 s. 14)
(2) Where notice of any change is given to the Registrar under subsection (1), the Registrar may by notice in writing require the licensee to furnish him with such information, verified in such manner, as the Registrar may specify with respect to such change.