(1) A protected cell company's name must include one of the following expressions (or their Welsh equivalents) -

"protected cell company";

"PCC Limited";

"PCC Ltd".

(2) No protected cell company may have a name that -

(a) is undesirable or misleading;

(b) includes any of the following words or expressions (or, where applicable, their Welsh equivalents) -

(i) "unlimited" or "public limited company";

(ii) "insurance", "insurer", "insured", "reinsurance", "reinsurer", "reinsured";

(iii) UK Economic Interest Grouping;

(c) includes an abbreviation of any of the words or expressions referred to in sub-paragraph (b);

(d) is the same as the name of any other protected cell company registered by the FCA;

(e) is the same as the name of any other protected cell company which was registered by the FCA and then dissolved; or

(f) is the same as the name of any other company appearing on the appropriate registrar's index of company names.