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Treasury looks at relaxing PCC rules

Thu, 22 Jul 2010

The Treasury wants to allow more businesses to ring fence their assets.

A consultation on draft regulations to permit any type of business to be a Protected Cell Company has been launched.

Currently only insurance businesses and collective investment schemes can operate in this manner.

The consultation runs to the end of August.

Details of the proposals can be found on the Treasury's pages of the Government website.

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