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Bandwidth DNO


Published: 19 July 2017

A bandwidth will be attached to a DNO for the acquisition and ownership of a qualifying holding.

With a bandwidth DNO, the size of the qualifying holding may vary within the specified bandwidth without the need to apply for a new or amended DNO. When you are applying for a DNO as referred to in Sections 3:95 and 3:96 of the Wft you will have a choice between different bandwidths.

The DNO for a qualifying holding under Section 3:96 of the Wft also offers the option to apply for a DNO for a fixed percentage shareholding. The following bandwidths are available.

  • 10-20%
  • 10-33%
  • 10-50%
  • 10-100%

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