S.L. 386.14 Art. 19Winding up.

(1) An incorporated cell company shall be dissolved and wound up in accordance with Title II of the Act and any regulations issued thereunder.

(2) An incorporated cell company that has been dissolved and wound up shall not be struck off the register until each of its incorporated cells have been either -

(a) transformed into non-cellular companies in accordance with regulation 23; or

(b) relocated to another incorporated cell company under regulation 24; or

(c) expelled under regulation 25; or

(d) continued as a body corporate under the law of another jurisdiction under regulation 4; or

(e) struck-off, and the Registrar has obtained the consent of the competent authority.