Section 16: Liabilities and non-cellular assets
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.
16. Liabilities and non-cellular assets
(1) The liabilities of a protected cell company not otherwise attributable to
any of its cells shall be discharged from the company’s non-cellular assets.
(2) Income, receipts and other property or rights of, or acquired by, a protected cell company not otherwise attributable to any cell shall be applied to
and comprised in the company’s non-cellular assests.