# The Risk Transformation Regulations 2017, Paragraph 5: Restriction on applying for winding up


A person holding an investment issued on behalf of a cell of a protected cell company may not apply for—
(a) the winding up of the core; or
(b) the appointment of a provisional liquidator in respect of the core.

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Source: https://www.legislation.gov.uk/ukdsi/2017/9780111160596/schedule/3/paragraph/5 (the official version)
Page: https://openlegislation.uk/draft-risk-transformation-regulations-2017/schedule-3/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.