Jersey protected cell company (PCC): sourced answers
1 answer to specific questions — each with a verbatim quote from an official source and a link to it.
Every answer is checked against a verbatim quote from a stored copy of its source and has passed an independent review. This is reference information, not legal advice: rules change, and the outcome depends on your circumstances.
Legal form in a country
May the structure have cells (sub-funds, portfolios, series) with statutory segregation of assets and liabilities
Statutory segregation by cell
«separately identifiable from the non-cellular assets of the company; and ( b ) the cellular assets attributable to each cell of the company are kept separate and are separately identifiable from the cellular assets attributable to other cells of the company. ( 2 ) A director of a protected cell company must ensure, when the company enters into an agreement in respect of a cell of the company – ( a ) that the other party to the transaction knows or ought reasonably to know that the cell company is acting in respect of a particular cell; and ( b ) that the minutes of any meeting of directors held with regard to the agreement clearly record the fact that the company was entering into the agreement in respect of the cell and that the obligation imposed by sub-paragraph (a) was or will be complied with. [573] ( 3 ) A director who fails to comply with the requirements of paragraph (1) or paragraph (2) shall be guilty of an offence. ( 4 ) The duties of a director of a protected cell company under this Article are in addition to those under Article 74. …»
Source: jerseylaw.je · source copy as of 2026-10-03
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