Chwilio Deddfwriaeth

Chwiliad Uwch

The Greenhouse Gas Emissions Trading Scheme Auctioning Regulations 2021

Changes to legislation:

There are currently no known outstanding effects for the The Greenhouse Gas Emissions Trading Scheme Auctioning Regulations 2021. Help about Changes to Legislation

Close

Changes to Legislation

Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.

  1. Introductory Text

  2. PART 1 General Provisions

    1. 1.Citation and commencement

    2. 2.Interpretation

    3. 3.Meaning of UK ETS authority

  3. PART 2 Auction Design

    1. 4.Auctioned products

    2. 5.Submission and withdrawal of bids

    3. 6.Auction clearing price and resolution of tied bids

    4. 7.Auction clearing price

  4. PART 3 Auction Calendar

    1. 8.Calendar for individual auctions

    2. 9.Annual volumes of allowances

    3. 10.Adjustments of the auction calendar

    4. 11.Circumstances preventing the conduct of auctions

    5. 12.Cost containment mechanism

  5. PART 4 Access to Auctions

    1. 13.Persons who may submit bids directly in an auction

    2. 14.Means of access

    3. 15.Training and helpline

    4. 16.Persons eligible to apply for admission to bid

    5. 17.Requirements for admission to bid

    6. 18.Submission and processing of applications for admission to bid

    7. 19.Refusal, revocation or suspension of admission

  6. PART 5 Appointment of the Auctioneer and its Functions

    1. 20.Appointment of the auctioneer

    2. 21.The auctioneer's functions

  7. PART 6 Appointment and Functions of Auction Platform

    1. 22.Appointment of the auction platform

    2. 23.Functions of the auction platform

  8. PART 7 Appointment Requirements for the Auctioneer and the Auction Platform

    1. 24.Appointment requirements applicable to the auctioneer

    2. 25.Appointment requirements applicable to any auction platform

  9. PART 8 Reporting on Transactions

    1. 26.Obligation to report transactions

  10. PART 9 Payment and Transfer of the Auction Proceeds

    1. 27.Payment by successful bidders and transfer of proceeds

    2. 28.Consequences of late or non-payment

  11. PART 10 Delivery of the Auctioned Allowances

    1. 29.Transfer of the auctioned allowances

    2. 30.Delivering the auctioned allowances

    3. 31.Late delivery of the auctioned allowances

  12. PART 11 Management of Collateral

    1. 32.Collateral given by the bidder

    2. 33.Collateral given by the auctioneer

  13. PART 12 Fees and Costs

    1. 34.Structure and level of fees

    2. 35.Costs of the auction process

  14. PART 13 Auction Surveillance, Remedial Measures and Sanctions

    1. 36.Monitoring of auctions

    2. 37.Monitoring the relationship with bidders

    3. 38.Notification of money laundering, terrorist financing or other criminal activity

    4. 39.Notification of market abuse

    5. 40.Maximum bid-size and other remedial measures

    6. 41.Market conduct rules or any other contractual arrangements

    7. 42.Conduct rules for other persons authorised to bid on behalf of others

  15. PART 14 Transparency and Confidentiality

    1. 43.Publication

    2. 44.Announcement and notification of the auction results

    3. 45.Protection of confidential information

    4. 46.Language regime

  16. PART 15 Final Provisions

    1. 47.Right of appeal

    2. 48.Correction of errors

  17. Signature

    1. SCHEDULE

      List of the elements referred to in regulation 18(5)

      1. 1.Proof of eligibility pursuant to regulation 16(1) or (2).

      2. 2.The applicant's name, address, telephone and electronic mail address.

      3. 3.The account identifier of the applicant's nominated holding account.

      4. 4.Full details of the applicant's nominated bank account.

      5. 5.The name, address, telephone and the electronic mail address of...

      6. 6.For legal persons, proof of: (a) their incorporation stating—

      7. 7.For legal persons or unincorporated associations or other legal arrangements,...

      8. 8.For natural persons, proof of their identity, by means of...

      9. 9.For operators, their permit (within the meaning of article 4...

      10. 10.For aircraft operators, the emissions monitoring plan issued under article...

      11. 11.Such information as is required to carry out the customer...

      12. 12.The applicant's latest audited annual report and accounts including the...

      13. 13.The United Kingdom VAT registration number, if any, and, where...

      14. 14.A statement that, to the best of the applicant's knowledge,...

      15. 15.Proof of compliance with the requirements of regulation 17(2)(g).

      16. 16.Proof that the applicant satisfies the requirements of regulation 17(3)....

      17. 17.A statement that the applicant has the necessary legal capacity...

      18. 18.A statement that to the best of the applicant's knowledge...

  19. Explanatory Note

Yn ôl i’r brig

Options/Help

Print Options

Close

Mae deddfwriaeth ar gael mewn fersiynau gwahanol:

Y Diweddaraf sydd Ar Gael (diwygiedig):Y fersiwn ddiweddaraf sydd ar gael o’r ddeddfwriaeth yn cynnwys newidiadau a wnaed gan ddeddfwriaeth ddilynol ac wedi eu gweithredu gan ein tîm golygyddol. Gellir gweld y newidiadau nad ydym wedi eu gweithredu i’r testun eto yn yr ardal ‘Newidiadau i Ddeddfwriaeth’.

Gwreiddiol (Fel y’i Deddfwyd neu y’i Gwnaed): Mae'r wreiddiol fersiwn y ddeddfwriaeth fel ag yr oedd pan gafodd ei deddfu neu eu gwneud. Ni wnaed unrhyw newidiadau i’r testun.

Close

Dewisiadau Agor

Dewisiadau gwahanol i agor deddfwriaeth er mwyn gweld rhagor o gynnwys ar y sgrin ar yr un pryd

Close

Memorandwm Esboniadol

Mae Memoranda Esboniadol yn nodi datganiad byr o ddiben Offeryn Statudol ac yn rhoi gwybodaeth am ei amcan polisi a goblygiadau polisi. Maent yn ceisio gwneud yr Offeryn Statudol yn hygyrch i ddarllenwyr nad oes ganddynt gymhwyster cyfreithiol, ac maent yn cyd-fynd ag unrhyw Offeryn Statudol neu Offeryn Statudol Drafft a gyflwynwyd ger bron y Senedd o Fehefin 2004 ymlaen.

Close

Rhagor o Adnoddau

Gallwch wneud defnydd o ddogfennau atodol hanfodol a gwybodaeth ar gyfer yr eitem ddeddfwriaeth o’r tab hwn. Yn ddibynnol ar yr eitem ddeddfwriaeth sydd i’w gweld, gallai hyn gynnwys:

  • y PDF print gwreiddiol y fel deddfwyd fersiwn a ddefnyddiwyd am y copi print
  • rhestr o newidiadau a wnaed gan a/neu yn effeithio ar yr eitem hon o ddeddfwriaeth
  • manylion rhoi grym a newid cyffredinol
  • pob fformat o’r holl ddogfennau cysylltiedig
  • slipiau cywiro
  • dolenni i ddeddfwriaeth gysylltiedig ac adnoddau gwybodaeth eraill
Close

Llinell Amser Newidiadau

This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.

Close

Rhagor o Adnoddau

Defnyddiwch y ddewislen hon i agor dogfennau hanfodol sy’n cyd-fynd â’r ddeddfwriaeth a gwybodaeth am yr eitem hon o ddeddfwriaeth. Gan ddibynnu ar yr eitem o ddeddfwriaeth sy’n cael ei gweld gall hyn gynnwys:

  • y PDF print gwreiddiol y fel gwnaed fersiwn a ddefnyddiwyd am y copi print
  • slipiau cywiro

liciwch ‘Gweld Mwy’ neu ddewis ‘Rhagor o Adnoddau’ am wybodaeth ychwanegol gan gynnwys

  • rhestr o newidiadau a wnaed gan a/neu yn effeithio ar yr eitem hon o ddeddfwriaeth
  • manylion rhoi grym a newid cyffredinol
  • pob fformat o’r holl ddogfennau cysylltiedig
  • dolenni i ddeddfwriaeth gysylltiedig ac adnoddau gwybodaeth eraill