Ring fence: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Layout.)
imported>Doug Williamson
(Link with Hypothecation page.)
Line 12: Line 12:


Sometimes written "ringfence".
Sometimes written "ringfence".
==See also==
[[Hypothecation]]





Revision as of 20:27, 8 November 2015

1.

To legally separate particular assets or liabilities within a company or other organisation.

For example, to shield particular assets from the claims of the creditors of the non-ring fenced part of the entity.


2.

The legal barrier created for this purpose.


Sometimes written "ringfence".


See also

Hypothecation


Other links

Electric shock, The Treasurer, May 2013