1066. Effect of commencement of summary winding up of protected cell company

(1) Where a protected cell company is being wound up, section 195(1) (effect on business and status of company) of the Insolvency Regulations 2015 (effect on business and status of company) shall not apply in respect of any cell of the company.
(2) Where a cell of a protected cell company is being wound up, section 195(1) (effect on business and status of company) of the Insolvency Regulations 2015 shall not apply in respect of the company or any other cell of the company.