FAQ n.47030

Change of Ownership of a Part of an Organisation holding a ETSO Authorisation

Answer

The only way for an ETSO Authorisation to change owner is according to Part21.A.621 a change of ownership of the holder of the ETSO Authorisation. A change of ownership can affect either the entire organisation or only a part thereof. If only a part of the organisation changes owner, both parts have to show that they comply individually with Part 21 requirements for the ETSO Authorisations that will be held by the individual parts of the former united organisation, before the ETSO Authorisations can reflect the new ownership.

Last updated: 
12/06/2018

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