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Term Definition Legal instruments

inter-cell arrangement notification

08/12/2017

THIS DEFINITION ONLY APPLIES TO THE INSURANCE SPECIAL PURPOSE VEHICLES PART

means a notification by a UK protected cell company of:

(1) the creation of an arrangement within a group of cells, as required by regulation 69 of the Risk Transformation Regulations; or

(2) the amendment or cancellation of an arrangement within a group of cells, as required by regulation 70 of the Risk Transformation Regulations.