Regulation 46 Additional scheme supplier obligations: generalI1
England, Wales and Scotland
A scheme supplier must—
notify the Authority if any of the information provided to the Authority, and on which the scheme supplier’s quarterly levy payment was calculated, was incorrect or ceases to be correct,
where they have provided a letter of credit in accordance with regulation 43, monitor the validity of the issuing person’s credit rating and notify the Authority as soon as reasonably practicable if the issuing person ceases to hold the required credit rating (within the meaning given in regulation 43(5)),
comply with such other requirements as the Authority may specify in relation to the effective administration of the Scheme.
Annotations
Commencement
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Reg. 46 in force at 30.11.2021, see reg. 1(1)