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