Regulation 55 Procedure for moving an asset, liability or obligation
Original text. Later amendments are not shown.
(1)
Any amendment to the protected cell company’s records and accounts made in accordance with regulation 52, 53 or 54 must be approved by a written resolution of the directors of the protected cell company.
(2)
A copy of the written resolution referred to in paragraph (1) must be kept with the records and accounts of the protected cell company at its registered office or at an alternative inspection location notified to the FCA in accordance with regulation 67.