In the case of a total ownership change, what happens to the firm's certificate?

In the event of a total ownership change, the firm's certificate becomes invalid. This is because certificates issued for fire alarm systems and related services are tied to the ownership and management of the firm. When a complete ownership transition occurs, the new owner assumes responsibility for compliance with applicable codes and standards, which necessitates a fresh examination of qualifications and compliance. Therefore, the certificate does not carry over to the new owner automatically, as they must meet the regulatory requirements that may differ from the previous owner.

It’s important for businesses in this sector to understand that maintaining a valid certification is crucial for ensuring safety and compliance with fire alarm regulations. Hence, the requirement for the new owner to apply for a new certificate reinforces the need to establish their credentials anew in the context of fire safety and alarm operations.