Regulation 57 Scheme return code
In these Regulations “scheme return code”, in relation to a deposit item, means a code which—
when scanned electronically, enables the registered scheme producer of the item to be identified, and
meets any code requirements.
For the purposes of paragraph (1), “code requirements”, in relation to a code, means any additional requirements specified for the time being by the deposit management organisation.
The requirements which the deposit management organisation may specify under paragraph (2) include—
requirements as to the technological or security standards that a code must meet to be used as a scheme return code, or
requirements as to the information to be retrieved when the code is scanned electronically.
The deposit management organisation may—
specify the same requirements for the code to be used on all deposit items, or
specify different requirements for the codes to be used on different deposit items.
In determining whether, and if appropriate, what requirements to specify under paragraph (2), the deposit management organisation must take into account the likely impact of those requirements on registered scheme producers.
Before making changes to the requirements specified for any deposit item, the deposit management organisation must take into account the likely impact of those changes on registered scheme producers.
Where the deposit management organisation changes the requirements specified for any deposit item, the deposit management organisation must specify the date from which the code containing those requirements is to be used.
The date specified for the purposes of paragraph (7) must be a date which the deposit management organisation is satisfied gives registered scheme producers sufficient notice of the change before it takes effect.
The deposit management organisation must take such steps as it considers appropriate to ensure that registered scheme producers are aware of the code requirements (if any) and any changes to them.