What is a key event?
A key event is an event that could have a
significant impact on the nature or structure of a licence holder’s
Key events that must be reported
Details of the key events that must be
reported to us by operating* licence holders are
set out in a licence condition and can be found in licence
condition 15.2 of the
conditions and codes of practice - consolidated December 2011 (LCCP).
Key events that should be reported
We expect licence holders to work with us in an open and
cooperative way and to inform us of any matters that we would
reasonably need to be aware of in exercising our regulatory
Code of practice provision 8 of the LCCP (information
requirements) is an ordinary code of practice which sets out a
number of matters that operating* licence holders
should make us aware of. These are matters that will have a
material impact on the licence holder’s business, or their ability
to conduct business and are in addition to those key events
that must be reported.
When should key events be reported?
Licence holders must notify us of any key event as soon as
reasonably practicable and, in any event, within five working days
of becoming aware of it.
How do I report a key event?
- Key events should be reported through our online
- Alternatively, you can report a key event in writing by post or
Victoria Square House
*except ancillary remote licence holders
Page last reviewed: December 2012