On 1 February, 2006, a major new law came into force in Jersey. The majority of the provisions of the Companies (Amendment No. 8) (Jersey) Law 2005 came into effect. In particular, existing Jersey companies legislation has been amended to permit the incorporation of the following:
. protected cell companies (PCCs) are companies where assets and liabilities may be attributed to separate cells (protected cells [PCs]) within the cell company, or to the cell company itself. A PCC is a separate legal entity; protected cells do not have legal personality independent of the PCC; and
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