S.L. 386.16 Art. 5Name of securitisation cell company.

(1) Without prejudice to the provisions of the Act, the name of a securitisation cell company shall, include the expression

"Securitisation Cell Company" or "SCC" immediately before the word "limited" or its abbreviation "ltd." or the words "public limited company" or their abbreviation "p.l.c." as applicable.

(2) A company shall not be deemed to be a securitisation cell company until it has complied with the provisions of this regulation.

(3) Without prejudice to article 6 of the Act, a securitisation cell company shall also indicate in a suitable manner in all its business letters and forms that it is a securitisation cell company.

(4) A securitisation cell company shall state that it is a securitisation cell company in its memorandum of association, in the manner provided in these regulations.