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18.—(1) Subject to the right of appeal under Part VI of these Regulations, the appropriate Agency may cancel the registration with it of a scheme where it appears to the appropriate Agency that—
(a)the operator of the scheme is in breach of any of the conditions referred to in regulation 15; or
(b)the operator knowingly or recklessly supplied false information in connection with the application for registration, or with compliance with the conditions referred to in regulation 15.
(2) The appropriate Agency shall cancel the registration with it of a scheme if the appropriate authority withdraws approval of the scheme.
(3) Before the cancellation of a registration the appropriate Agency shall serve on the operator of the scheme written notice of—
(a)its decision under paragraph (1) or (2) above to cancel the registration;
(b)the reasons for the decision;
(c)where the decision is made under paragraph (1) above, the right of appeal under Part VI of these Regulations; and
(d)the date when cancellation will take effect, not being earlier than—
(i)in the case of cancellation under paragraph (1) above, the expiration of the time limit for an appeal against the notice provided for in paragraph 2 of Schedule 6; or
(ii)in the case of cancellation under paragraph (2) above, 5 days from the date of the notice.
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