- Draft legislation
This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Risk Transformation Regulations 2017 No. 1212
67.—(1) A protected cell company may have an alternative inspection location.
(2) A protected cell company’s alternative inspection location must be located in the same part of the United Kingdom as the protected cell company’s registered office.
(3) Where a protected cell company decides to have an alternative inspection location, the protected cell company must notify the FCA.
(4) The notification referred to in paragraph (3) must state the address of the alternative inspection location.
(5) Where a protected cell company has notified the FCA of an alternative inspection location under paragraph (3), the protected cell company must notify the FCA of any change of address of its alternative inspection location.
(6) If a protected cell company—
(a)has notified the FCA of an alternative inspection location under paragraph (3);
(b)but subsequently decides to keep the documents and records relating to the protected cell company at its registered office,
the protected cell company must notify the FCA.
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