The Board of Directors of the DIFCA, in the exercise of the powers conferred on them under Article 132 and Article 151 of the Companies Law 2018, hereby makes these Regulations.
1.1.1 These Regulations apply to:
a. a person making an application to incorporate a Protected Cell Company under the Law ;
b. a Protected Cell Company;
c. if a protected Cell Company is a Fund, to the Fund Manager of that Company; or
d. an Officer of a Protected Cell Company.
1.1.2 Capitalised terms are defined terms in:
a. the Law or Regulations made under the Law;
b. the Regulatory Law 2004 and Rules made under that law;
c. the Collective Investment Law 2010 and Rules made under that law; and
d. the Insolvency Law 2009 and Regulations made under that law.
1.1.3 Where capitalisation of the initial letter is not used, an expression has its natural meaning, unless otherwise provided in Regulation 1.1.5 or the context requires otherwise.
1.1.4 These Regulations are referred to as the PCC Regulations.
1.1.5
1. In these PCC Regulations, the following terms have, subject to 2. the following meani...