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Section 14: Recourse to cellular assets by creditors

Protected Cell Companies Act · PART III: CREDITORS

consolidated text (as at 2013, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

14. Recourse to cellular assets by creditors Without prejudice to sections 12 and 13, cellular assets attributable to a cell shall— (a) only be available to the creditors of the company who are creditors in respect of that cell; and (b) be absolutely protected from the creditors of the company who are not creditors in respect of that cell. P42 – 9 [Issue 1] Protected Cell Companies Act

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