The Health Service Products (Provision and Disclosure of Information) Regulations 2018

Circumstances in which transitional provision in paragraph 2 ceases to apply U.K.

3.—(1) This paragraph applies to a Scheme member—

(a) who does not provide the Scheme information to the Secretary of State for a Scheme quarter within the submission period, or

(b) who, before the Scheme end date, ceases to be a member of the Scheme.

Such a member is referred to in this paragraph as an “exiting member”.

(2) An exiting member must comply with regulation 7 or 8 (or both, as the case may be) on and after the exit date.

(3) An exiting member must also comply with regulation 9 in respect of each transitional quarter which begins on or after the exit date.

(4) In addition, where the exit date falls during a transitional quarter, the exiting member must comply with regulation 9 in respect of the remaining part of that quarter.

(5) In this regulation—

• “exit date”—

  (a)

  in relation to an exiting member to whom sub-paragraph (1)(a) applies, means the day after the day on which the submission period ends;

  (b)

  in relation to an exiting member to whom sub-paragraph (1)(b) applies, means the day on which the member ceases to be a member of the Scheme;

• “Scheme information” means—

  (a)

  in the case of a member of Scheme M, the information which the member is required under Scheme M to provide to the Secretary of State for each Scheme quarter;

  (b)

  in the case of a member of Scheme W, the information which the member is required under Scheme W to provide to the Secretary of State for each Scheme quarter;

• “Scheme quarter”—

  (a)

  in the case of a member of Scheme M, means a quarterly period—

  (i)

  which is specified in that Scheme as a period for which Scheme information is to be provided, and

  (ii)

  for which the submission period ends after 1st July 2018;

  (b)

  in the case of a member of Scheme W, means a quarterly period—

  (i)

  which is specified in that Scheme as a period for which Scheme information is to be provided, and

  (ii)

  for which the submission period ends after 1st July 2018;

• “submission period” means the period within which Scheme information must be submitted following the end of a Scheme quarter.