[F1Allowances and tradingU.K.
38.—(1) [F2Until the end of 31st March 2025,] the administrator must maintain a record in respect of an allowance which shows—
(a)the year in which the allowance issued;
(b)the allocation in which the allowance was issued;
(c)the date of issue of the allowance;
(d)to whom the allowance was issued;
(e)the account in which the allowances are held from time to time;
(f)transfers of the allowances;
(g)when the allowance is cancelled.
(2) [F3Before 1st April 2022,] trading in allowances is permitted by participants and third parties.]
Textual Amendments
F1 Order revoked (with savings) (1.10.2018) by The CRC Energy Efficiency Scheme (Revocation and Savings) Order 2018 (S.I. 2018/841), art. 3(1)-(3)
F2Words in art. 38(1) inserted (1.10.2018) by The CRC Energy Efficiency Scheme (Revocation and Savings) Order 2018 (S.I. 2018/841), art. 1, Sch. 1 para. 5(a)
F3Words in art. 38(2) inserted (1.10.2018) by The CRC Energy Efficiency Scheme (Revocation and Savings) Order 2018 (S.I. 2018/841), art. 1, Sch. 1 para. 5(b)