RONA and Ring fence: Difference between pages
From ACT Wiki
(Difference between pages)
imported>Doug Williamson (Classify page.) |
imported>Doug Williamson (Link with Hypothecation page.) |
||
Line 1: | Line 1: | ||
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. | |||
[[Category: | |||
[[Category: | 2. | ||
The legal barrier created for this purpose. | |||
Sometimes written "ringfence". | |||
==See also== | |||
[[Hypothecation]] | |||
===Other links=== | |||
[http://www.treasurers.org/node/9021 Electric shock, The Treasurer, May 2013] | |||
[[Category:Compliance_and_audit]] | |||
[[Category:Manage_risks]] | |||
[[Category:Risk_frameworks]] |
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