(1) The licensee, proposing to engage in other business for optimum utilisation of assets and associated facilities or proposing to discontinue or having discontinued Other Business, shall give intimation in writing to the Commission on the format in Annexure -‘A’.
(2) The intimation under sub-regulation (1) shall be given to the Commission in the months of April and October every year.
(3) The licensee shall intimate the impact of the use of assets and associated facilities for the other business on the Licensed Business and on the ability of the licensee to carry out the duties and obligations of the licensed business.
(4) The licensee shall intimate the manner in which the assets and facilities of the Licensed Business shall be used and justification that it will be used in an optimum manner without affecting the maintenance of the activities of the Licensed Business.