14.—(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.