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Regulation 24 Prohibition on supply of deposit items from a scheme producer who is not registered with the deposit management organisation

Original text. Later amendments are not shown.

A scheme supplier must not supply a deposit item unless the scheme producer of the deposit item—

(a)

is a registered scheme producer, or

(b)

where the scheme producer’s registration is cancelled under paragraph 5 or 6 of Schedule 1, was a registered scheme producer at the time the deposit item was made available for supply to the scheme supplier.