PART 4Protected Cell Companies
CHAPTER 2Registration
SECTION 1Obtaining registration
Application to register a protected cell company14
1
An application to register a protected cell company may only be made to the PRA.
2
The application must state—
a
that the applicant wishes to form a protected cell company;
b
the name of the proposed protected cell company;
c
the address of the proposed protected cell company’s registered office;
d
the names of the proposed directors of the protected cell company;
e
for each proposed director, the particulars set out in regulation 18; and
f
the names of the persons who are, on registration, to hold voting shares in the core of the protected cell company.
3
The application must contain or be accompanied by—
a
an application made in accordance with regulation 15 (application for permission to carry out a regulated activity);
b
the proposed instrument of incorporation;
c
a statement signed by each person who is to become a director of the protected cell company that the person consents to being a director; and
d
a statement signed by each person who will, on registration, hold voting shares in the core of the protected cell company that the person consents to holding those shares.
4
When the PRA receives an application under paragraph (1), the PRA must forward the application, and any documents received in accordance with paragraph (3), to the FCA without delay.
5
At any time after receiving an application and before determining it, the FCA may require the applicant to provide such additional information as it may reasonably require.
6
Any information to be provided to the FCA under paragraph (5) must be set out in such form and verified in such manner as the FCA may reasonably direct.