# The Risk Transformation Regulations 2017, Regulation 49: Third parties circumventing segregation


Where—
(a) a person has a claim against a protected cell company;
(b) the claim relates to a part of the protected cell company (“part A”);
(c) the person obtains property from the protected cell company in full or partial satisfaction of the claim; and
(d) the property was held by the protected cell company on behalf of a part of the protected cell company other than part A (“part B”),
then the person holds the property on trust for the benefit of part B.

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Source: https://www.legislation.gov.uk/ukdsi/2017/9780111160596/regulation/49 (the official version)
Page: https://openlegislation.uk/draft-risk-transformation-regulations-2017/regulation-49
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.