Ring fence: Difference between revisions
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imported>Doug Williamson m (ACT Website link added 2/10/13) |
imported>Doug Williamson (Categorise page.) |
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==Other links== | ==Other links== | ||
[http://www.treasurers.org/node/9021 Electric shock, The Treasurer, May 2013] | [http://www.treasurers.org/node/9021 Electric shock, The Treasurer, May 2013] | ||
[[Category:Compliance_and_audit]] | |||
[[Category:Manage_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:Risk_frameworks]] | |||
Revision as of 06:45, 4 October 2013
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".
