(1) The Bank shall not grant an authorisation to an undertaking before being informed of the identities of the shareholders or persons who have qualifying holdings, whether direct or indirect, in that undertaking and of the amounts of such holdings.
(2) The Bank shall not grant an authorisation if, after taking into account the requirement to ensure the sound and prudent management of an undertaking, the Bank is not satisfied as to the qualifications of such shareholders or persons.
(3) The Bank may require information concerning all such shareholders or persons irrespective of the size of their holding and any person concerned shall on request furnish information to the Bank.
(4) [deleted]