# The Risk Transformation Regulations 2017, Regulation 44: Assets, liabilities and obligations


(1) Assets which are held by a protected cell company must be held on behalf of a part of the protected cell company.
(2) Liabilities or obligations incurred by a protected cell company must be incurred on behalf of a part of the protected cell company.

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Source: https://www.legislation.gov.uk/ukdsi/2017/9780111160596/regulation/44 (the official version)
Page: https://openlegislation.uk/draft-risk-transformation-regulations-2017/regulation-44
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.