Interpretation
2. In these Regulations—
“account” means the account in the Register of a sector association or operator;
“account holder” means a sector association or operator which holds an account;
“the administrator” has the meaning given by Regulation 3;
“agreement” means an umbrella agreement or an underlying agreement;
“base year” means a 12 month period agreed between an operator and the administrator, ending prior to the date of an underlying agreement, for which data is supplied by an operator to the administrator prior to the operator entering into the underlying agreement;
“certification period” means a period specified in an agreement as a certification period for the facility to which the agreement applies;
“emissions” means the total emissions in tCO2 for a target unit;
“facility” means a facility to which an agreement applies;
“operator” means a party to an underlying agreement other than the administrator;
“personal information” means—
the address of the registered office of the sector association or operator; and
the name, address, and email address of a person who can be contacted in respect of—
the sector association or operator; and
the facility or, if more than one, each facility covered by the agreement;
“publish” means to publish on any part of a website maintained by the administrator which is accessible to the public;
“the Register” has the meaning given by regulation 4;
“Schedule 6” means Schedule 6 to the Finance Act 2000(1);
“sector association” means a party to an umbrella agreement other than the administrator;
“sector commitment” means a commitment notified to the administrator by the Secretary of State applicable to the facilities to which an umbrella agreement applies;
“surplus” means the amount by which the emissions have fallen below the target for any target period as recorded on an account;
“target” means the target applicable to a target unit set out in an underlying agreement;
“target period” means any of the following periods—
1st January 2013 to 31st December 2014;
1st January 2015 to 31st December 2016;
1st January 2017 to 31st December 2018; or
1st January 2019 to 31st December 2020;
“target unit” means the facility or group of facilities to which an underlying agreement applies;
“tCO2” means tonnes of carbon dioxide;
“umbrella agreement” means an agreement that is an umbrella agreement for the purposes of paragraph 48 of Schedule 6;
“underlying agreement” means an agreement that is an underlying agreement for the purposes of paragraph 48 of Schedule 6 or if there is no umbrella agreement, an agreement falling within paragraph 47 of Schedule 6;
“working day” means any day other than—
a Saturday, Sunday, Good Friday or Christmas Day; or
a day which is a bank holiday under the Banking and Financial Dealings Act 1971(2).
1971 c. 80; see section 1 and Schedule 1 (which was amended by section 1 of the St Andrew’s Day Bank Holiday (Scotland) Act 2007 (2007 asp 2)).