Section 147F
of International Business Companies Order, 2000
ORDERIn forceProvision 154 of 189
Section 147F
Without prejudice to the provisions of sections 147E and 147N, dedicated assets attributable to a cell of a DCC –
(a)
shall only be available to the creditors of the company who are creditors in respect of that cell and who shall thereby be entitled, in conformity with the provisions of this Part, to have recourse to the dedicated assets attributable to that cell;
(b)
shall be absolutely protected from the creditors of the company who are not creditors in respect of that cell and who accordingly shall not be entitled to have recourse to the dedicated assets attributable to that cell.
Dedicated shares and share capital.