Property developer West Hamilton Holdings Ltd, which is building a condominium complex on Pitts Bay Road, Pembroke, has been given a licence which exempts it from the 60 per cent Bermudians and 40 per cent non-Bermudians ownership rule.

The licence was granted by Grant Gibbons, the Minister of Economic Development, and was issued by the Registrar of Companies. The licence will remain in force until the end of July 2020.