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- Original (As made)
The Risk Transformation Regulations 2017 is up to date with all changes known to be in force on or before 18 October 2024. There are changes that may be brought into force at a future date.
Revised legislation carried on this site may not be fully up to date. Changes and effects are recorded by our editorial team in lists which can be found in the ‘Changes to Legislation’ area. Where those effects have yet to be applied to the text of the legislation by the editorial team they are also listed alongside the affected provisions when you open the content using the Table of Contents below.
You searched for provisions that are applicable to England. The matching provisions are highlighted below. Where no highlighting is shown the matching result may be contained within a footnote.
PART 2 Authorisation and supervision of insurance risk transformationPrevious MatchNext Match
5.Amendment of the Regulated Activities OrderPrevious MatchNext Match
6.Amendment of the Financial Services and Markets Act 2000 (PRA-regulated Activities) Order 2013Previous MatchNext Match
7.Limitation on transformer vehicles' activitiesPrevious MatchNext Match
9.Transformer vehicles which are not Solvency 2 special purpose vehiclesPrevious MatchNext Match
PART 3 Offers of investments by transformer vehiclesPrevious MatchNext Match
PART 4 Protected Cell CompaniesPrevious MatchNext Match
CHAPTER 2 RegistrationPrevious MatchNext Match
SECTION 1 Obtaining registrationPrevious MatchNext Match
13.Method of forming a protected cell companyPrevious MatchNext Match
14.Application to register a protected cell companyPrevious MatchNext Match
15.Application for permission to carry out a regulated activityPrevious MatchNext Match
16.Applications for approval of personsPrevious MatchNext Match
17.The name of a protected cell companyPrevious MatchNext Match
19.Instrument of incorporation: requirementsPrevious MatchNext Match
20.Instrument of incorporation: model articlesPrevious MatchNext Match
22.Representations against refusal of registrationPrevious MatchNext Match
23.Registration and certificates of incorporationPrevious MatchNext Match
24.Registration: notification to appropriate registrarPrevious MatchNext Match
SECTION 2 Amendments to registrationPrevious MatchNext Match
SECTION 3 The registerPrevious MatchNext Match
30.Register of protected cell companiesPrevious MatchNext Match
33.Directors: residential addresses and dates of birthPrevious MatchNext Match
37.Inspection of records kept by the FCAPrevious MatchNext Match
38.Provision of information for publication on European e-Justice portalPrevious MatchNext Match
39.Documents relating to Welsh protected cell companiesPrevious MatchNext Match
40.FCA's notice to resolve inconsistency on the registerPrevious MatchNext Match
41.Rectification of the register under court orderPrevious MatchNext Match
CHAPTER 3 Structure of a protected cell companyPrevious MatchNext Match
44.Assets, liabilities and obligationsPrevious MatchNext Match
45.Liabilities and obligations which are not incurred on behalf of a partPrevious MatchNext Match
46.Records and accounts of assets, liabilities and obligationsPrevious MatchNext Match
47.Assets to be held in accordance with records and accountsPrevious MatchNext Match
48.Segregation within a protected cell companyPrevious MatchNext Match
49.Third parties circumventing segregationPrevious MatchNext Match
50.Set-off: modification of insolvency legislationPrevious MatchNext Match
CHAPTER 4 Movements of assets, liabilities and obligations within a protected cell companyPrevious MatchNext Match
51.Meaning of “records and accounts”Previous MatchNext Match
53.Movement of assets from a cell to corePrevious MatchNext Match
54.Movement of liabilities and obligationsPrevious MatchNext Match
55.Procedure for moving an asset, liability or obligationPrevious MatchNext Match
56.Reallocations pursuant to mistakes in the records and accountsPrevious MatchNext Match
CHAPTER 5 Operation of a protected cell companyPrevious MatchNext Match
57.Objects of a protected cell companyPrevious MatchNext Match
58.Offence of carrying on other activitiesPrevious MatchNext Match
60.Assumption of risk: notification to PRAPrevious MatchNext Match
61.Company seal: England and Wales, and Northern IrelandPrevious MatchNext Match
62.Contracts: England and Wales, and Northern IrelandPrevious MatchNext Match
63.Execution of documents: England and Wales, and Northern IrelandPrevious MatchNext Match
65.Execution of deeds by attorney: England and Wales, and Northern IrelandPrevious MatchNext Match
66.Official seal for share certificatesPrevious MatchNext Match
CHAPTER 6 Arrangements and contracts between cellsPrevious MatchNext Match
68.Creation of arrangements between cellsPrevious MatchNext Match
69.Creation of arrangements between cells: procedurePrevious MatchNext Match
70.Arrangements between cells: amendment and cancellationPrevious MatchNext Match
71.Arrangements between cells: enforcementPrevious MatchNext Match
72.Arrangements between cells: records and accountsPrevious MatchNext Match
73.Inspection of directors' resolutionsPrevious MatchNext Match
74.Contracts between parts of a protected cell companyPrevious MatchNext Match
CHAPTER 7 Dealings with third partiesPrevious MatchNext Match
CHAPTER 9 Shares and shareholdersPrevious MatchNext Match
SECTION 2 Issue, allotment and alteration of share capitalPrevious MatchNext Match
102.Power of directors to allot sharesPrevious MatchNext Match
103.Sub-division or consolidation of sharesPrevious MatchNext Match
106.Acquisition and redemption of shares issued by a cellPrevious MatchNext Match
107.Acquisition and redemption of shares issued by the corePrevious MatchNext Match
108.Consequences of unlawful acquisition or redemptionPrevious MatchNext Match
109.Penalty for contravention of this SectionPrevious MatchNext Match
SECTION 6 DistributionsPrevious MatchNext Match
125.Distributions to holders of shares in a cellPrevious MatchNext Match
126.Distributions to holders of shares in the corePrevious MatchNext Match
127.Persons holding investments in different parts of the protected cell companyPrevious MatchNext Match
128.Consequences of unlawful distributionPrevious MatchNext Match
CHAPTER 11 Debentures (debt securities)Previous MatchNext Match
CHAPTER 13 Public offers of securitiesPrevious MatchNext Match
CHAPTER 14 Accounts, reports, audit and auditorsPrevious MatchNext Match
CHAPTER 16 Mergers and DivisionsPrevious MatchNext Match
170.Meaning of “transfer scheme”, “transferor” and “transferee”Previous MatchNext Match
174.Application for fast track transferPrevious MatchNext Match
175.Application for court order sanctioning transfer schemePrevious MatchNext Match
177.Effect of court order sanctioning transfer schemePrevious MatchNext Match
CHAPTER 17 DissolutionPrevious MatchNext Match
178.Dissolution of a cell: procedurePrevious MatchNext Match
179.Dissolution of a cell: effect on property and liabilitiesPrevious MatchNext Match
180.Dissolution of a protected cell companyPrevious MatchNext Match
181.Restoration: applications to courtPrevious MatchNext Match
183.Restoration: when an application may be madePrevious MatchNext Match
184.Decision on application for restorationPrevious MatchNext Match
185.Effect of court order for restorationPrevious MatchNext Match
CHAPTER 19 MiscellaneousPrevious MatchNext Match
188.Time period for giving notice to FCAPrevious MatchNext Match
189.Imposition of further requirements by the FCA or PRAPrevious MatchNext Match
190.Consequential amendments to legislationPrevious MatchNext Match
191.Transitional provision: existing companies registered under the Companies Act 2006Previous MatchNext Match
SCHEDULE 1Previous MatchNext Match
Welsh equivalents of English words and expressionsPrevious MatchNext Match
SCHEDULE 2Previous MatchNext Match
Administration and liquidation of cells: modification of insolvency legislationPrevious MatchNext Match
1.Duties and powers confined to the cellPrevious MatchNext Match
2.General application of the insolvency legislationPrevious MatchNext Match
3.Jurisdiction within the United KingdomPrevious MatchNext Match
4.Restrictions on applying for winding upPrevious MatchNext Match
7.Part 24 of FSMA: references to “regulated activities” and “PRA-authorised person”Previous MatchNext Match
8.Further modifications to specific provisions of the Insolvency Act 1986 and the Insolvency (Northern Ireland) Order 1989Previous MatchNext Match
9.Further modification to subordinate legislationPrevious MatchNext Match
SCHEDULE 3Previous MatchNext Match
Administration and liquidation of the core: modification of insolvency legislationPrevious MatchNext Match
1.Meaning of “relevant office holder”Previous MatchNext Match
2.Duties and powers of a relevant office holder appointed in respect of the corePrevious MatchNext Match
3.General application of the insolvency legislationPrevious MatchNext Match
4.Jurisdiction within the United KingdomPrevious MatchNext Match
5.Restriction on applying for winding upPrevious MatchNext Match
9.Part 24 of FSMA: references to “regulated activities” and “PRA-authorised person”Previous MatchNext Match
10.Further modification to specific provisions of the Insolvency Act 1986 and the Insolvency (Northern Ireland) Order 1989Previous MatchNext Match
11.Further modifications to subordinate legislationPrevious MatchNext Match
SCHEDULE 4Previous MatchNext Match
Consequential amendments to legislationPrevious MatchNext Match
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