1068. Definitions relevant to this Part

In this Part:

"cell" means a cell of a cell company,

"cell company" means a company that is an incorporated cell company or a protected cell company,

"cellular assets", in respect of a protected cell company, means the assets of the company attributable solely to the cell or cells of the company,

"cellular liabilities", in respect of a protected cell company, means the liabilities of the company attributable solely to a cell or cells of the company,

"class of members", in respect of a protected cell company, includes—

(a) the members of a cell of the company, and
(b) any class of members of a cell of the company,

"incorporated cell company" means a company to which section 1047(1) applies,

"non-cellular assets", in respect of a protected cell company, means its assets that are not its cellular assets,

"non-cellular liabilities", in respect of a protected cell company, means its liabilities that are not its cellular liabilities.

"protected cell company" means a company to which section 1047(2) applies.