Regulation 35 Persons ceasing to be licensed suppliers
Any person who ceases to be a licensed supplier shall, as regards any qualifying month or part of a qualifying month during which he was a licensed supplier, continue to be treated as if he were a licensed supplier for so long as there is in relation to him—
any liability arising under these Regulations and not fully discharged; or
any right so arising and not fully satisfied.
Where any person who ceases to be a licensed supplier is not liable, by reason of such cessation, to make any further payments under regulation 11, any requirement in these Regulations to make a payment with any further payment under regulation 11 (however such further payment may be described) shall be construed as a requirement to make the payment forthwith, and regulation 24 shall apply as appropriate.
Where any person who ceases to be a licensed supplier is unable, by reason of such cessation, to exercise any right of deduction from payments due under regulation 11 in pursuance of—
paragraph (5)(b) of regulation 14;
paragraph (5) of regulation 15;
paragraph (4) of regulation 19;
paragraph (4) of regulation 20;
paragraph (b) of regulation 21; or
regulation 22;
as read (in each case) with regulation 24, the Director shall make to that person a payment of an amount equal to the amount which could not be so deducted.