1. Introductory Text

2. CHAPTER I SUBJECT MATTER AND DEFINITIONS

   1. Article 1. Subject matter

   2. Article 2. Definitions

3. CHAPTER II REGISTRIES AND TRANSACTION LOGS

   1. Article 3. Registries

   2. Article 4. Consolidated registries

   3. Article 5. The Community independent transaction log

   4. Article 6. Communication link between registries and the Community independent transaction log

   5. Article 7. Communication link between the independent transaction logs

   6. Article 8. Registry administrators

4. CHAPTER III CONTENTS OF THE REGISTRIES

   1. SECTION 1 Reporting and Confidentiality

      1. Article 9. Reporting

      2. Article 10. Confidentiality

   2. SECTION 2 Accounts

      1. Article 11. Accounts

   3. SECTION 3 Party accounts

      1. Article 12. Creation of Party accounts

      2. Article 13. Closure of Party accounts

      3. Article 14. Notification

   4. SECTION 4 Operator holding accounts

      1. Article 15. Creation of operator holding accounts

      2. Article 16. Holding of Kyoto units in operator holding accounts

      3. Article 17. Closure of operator holding accounts

      4. Article 18. Notification

   5. SECTION 5 Person holding accounts

      1. Article 19. Creation of person holding accounts

      2. Article 20. Holding of Kyoto units in person holding accounts

      3. Article 21. Closure of person holding accounts

      4. Article 22. Notification

      5. Article 23. Authorised representatives

   6. SECTION 6 Tables

      1. Article 24. Tables

   7. SECTION 7 Codes and identifiers

      1. Article 25. Codes

      2. Article 26. Account identification codes and alphanumeric identifiers

5. CHAPTER IV CHECKS AND PROCESSES

   1. SECTION 1 Blocking of accounts

      1. Article 27. Blocking of operator holding accounts

   2. SECTION 2 Automated checks and the data reconciliation process

      1. Article 28. Detection of discrepancies by the Community independent transaction log

      2. Article 29. Detection of inconsistencies by the Community independent transaction log

      3. Article 30. Detection of discrepancies and inconsistencies by the UNFCCC independent transaction log

      4. Article 31. Registry automated checks

   3. SECTION 3 Execution and finalisation of processes

      1. Article 32. Processes

      2. Article 33. Identification codes

      3. Article 34. Finalisation of processes concerning accounts, automatic national allocation plan table changes and verified emissions

      4. Article 34a. Manual reversal of finalised transactions initiated in error

      5. Article 35. Finalisation of processes concerning transactions within registries

      6. Article 36. Finalisation of the external transfer process

      7. Article 37. Finalisation of the reconciliation process

6. CHAPTER V TRANSACTIONS

   1. SECTION 1 Allocation and issue of allowances for the 2005-2007 period

      1. Article 38. National allocation plan table for the 2005-2007 period

      2. Article 39. Issue of allowances

      3. Article 40. Allocation of allowances to operators

      4. Article 41. Surrender of allowances on instruction of the competent authority

      5. Article 42. Allocation of allowances to new entrants

      6. Article 43. Issue of force majeure allowances

   2. SECTION 2 Allocation and issue of allowances for the 2008-2012 period and each subsequent five year period

      1. Article 44. National allocation plan table for the 2008-2012 period and each subsequent five year period

      2. Article 45. Issue of allowances

      3. Article 46. Allocation of allowances to operators

      4. Article 47. Surrender of allowances on instruction of the competent authority

      5. Article 48. Allocation of allowances to new entrants

      6. Article 48a. Allocation of allowances following their sale by Member State

   3. SECTION 3 Transfers and eligibility

      1. Article 49. Transfers of allowances and Kyoto units by account holders

      2. Article 50. Eligibility and the commitment period reserve

   4. SECTION 4 Verified emissions

      1. Article 51. Verified emissions of an installation

   5. SECTION 5 Surrender of allowances

      1. Article 52. Surrender of allowances

      2. Article 53. The use of CERs and ERUs

      3. Article 54. Surrender of force majeure allowances

      4. Article 55. Calculation of compliance status figures

      5. Article 56. Entries into the compliance status table

      6. Article 57. Entries into the verified emissions table

   6. SECTION 6 Cancellation and retirement

      1. Article 58. Cancellation and retirement of surrendered allowances and force majeure allowances for the 2005-2007 period

      2. Article 59. Cancellation and retirement of surrendered allowances for the 2008-2012 period and subsequent periods

   7. SECTION 7 Cancellation and replacement

      1. Article 60. Cancellation and replacement of allowances issued for the 2005-2007 period

      2. Article 61. Cancellation and replacement of allowances issued for the 2008-2012 period and subsequent periods

   8. SECTION 8 Voluntary cancellation and retirement

      1. Article 62. Voluntary cancellation of allowances and Kyoto units

      2. Article 63. Retirement of Kyoto units

7. CHAPTER VA OPERATION OF REGISTRIES OF MEMBER STATES WHICH DO NOT HAVE AAUS

   1. Article 63a. Operation of registries of Member States which do not have AAUs

   2. Article 63b. Communication link between registries operated in accordance with Article 63a and the Community independent transaction log

   3. Article 63c. Registries operated in accordance with Article 63a: detection of discrepancies and inconsistencies by the UNFCCC independent transaction log

   4. Article 63d. Registries operated in accordance with Article 63a: Finalisation of processes concerning accounts, verified emissions and automatic national allocation plan table changes

   5. Article 63e. Registries operated in accordance with Article 63a: finalisation of processes concerning transactions within registries

   6. Article 63f. Registries operated in accordance with Article 63a: finalisation of the external transfer process

   7. Article 63g. Registries operated in accordance with Article 63a: Authentication

   8. Article 63h. Special provisions concerning certain obligations of registry administrators of registries operated in accordance with Article 63a

   9. Article 63i. Registries operated in accordance with Article 63a: accounts

   10. Article 63j. Registries operated in accordance with Article 63a: national allocation plan table for the 2008 to 2012 period and each subsequent five-year period

   11. Article 63k. Registries operated in accordance with Article 63a: issue of allowances

   12. Article 63l. Registries operated in accordance with Article 63a: transfers of allowances between operator holding accounts in registries operated in accordance with Article 63a and other registries

   13. Article 63m. Registries operated in accordance with Article 63a: cancellation under Article 58 or Article 62

   14. Article 63n. Registries operated in accordance with Article 63a: cancellation and retirement of surrendered allowances and CERs for the 2008 to 2012 period and subsequent periods

   15. Article 63o. Registries operated in accordance with Article 63a: cancellation and replacement of allowances issued for the 2005 to 2007 period

   16. Article 63p. Registries operated in accordance with Article 63a: cancellation and replacement of allowances issued for the 2008 to 2012 period and subsequent periods

8. CHAPTER VI SECURITY STANDARDS, AUTHENTICATION AND ACCESS RIGHTS

   1. Article 64. Security standards

   2. Article 65. Authentication

   3. Article 66. Access to registries

   4. Article 67. Suspension of access to accounts

9. CHAPTER VII AVAILABILITY AND RELIABILITY OF INFORMATION

   1. Article 68. Availability and reliability of registries and the Community independent transaction log

   2. Article 69. Suspension of access

   3. Article 70. Notification of suspension of access

   4. Article 71. Testing area of each registry and the Community independent transaction log

   5. Article 72. Change management

10. CHAPTER VIII RECORDS AND FEES

    1. Article 73. Records

    2. Article 74. Fees

11. CHAPTER IX FINAL PROVISIONS

    1. Article 75. Entry into force

12. Signature

13. 1. ANNEX I

       Hardware and software requirements of registries and the Community independent transaction log

       1. Architecture requirements

          1. 1. Each registry and the Community independent transaction log shall include...

       2. Communication requirements

          1. 2. When the communication link between the Community independent transaction log...

          2. 3. When the communication link between the Community independent transaction log...

    2. ANNEX II

       Tables to be contained in Member State registries

       1. Each Member State registry shall be capable of tabulating the...

    3. ANNEX III

       Information concerning each operator holding account to be provided to the registry administrator

       1. Points 1 to 4.1, 4.4 to 5.5 and point 7...

    4. ANNEX IV

       Information concerning accounts referred to in Article 11(1), (3) and (4) and person holding accounts to be provided to the registry administrator

       1. Name, address, city, postcode, country, telephone number, facsimile number and...

    5. ANNEX V

       Core terms and conditions

       1. Structure and effect of core terms and conditions

          1. 1. The relationship between account holders and registry administrators.

       2. The account holder and authorised representative’s obligations

          1. 2. The account holder and authorised representative’s obligations with respect to...

          2. 3. The account holder and authorised representative’s obligation to post data...

          3. 4. The account holder and authorised representative’s obligation to comply with...

       3. The registry administrator’s obligations

          1. 5. The registry administrator’s obligation to carry out account holder’s instructions....

          2. 6. The registry administrator’s obligation to log the account holder’s details....

          3. 7. The registry administrator’s obligation to create, update or close the...

       4. Process procedures

          1. 8. The process finalisation and confirmation provisions.

       5. Payment

          1. 9. The terms and conditions regarding any registry fees for establishing...

       6. Operation of the registry website

          1. 10. Provisions regarding the right of the registry administrator to make...

          2. 11. Conditions of use of the registry website.

       7. Warranties and indemnities

          1. 12. Accuracy of information.

          2. 13. Authority to initiate processes.

       8. Modification of these core terms to reflect changes to this Regulation or changes to domestic legislation Security and response to security breaches Dispute resolution 14. Provisions relating to disputes between account holders....

          1. 14. Provisions relating to disputes between account holders.

       9. Liability

          1. 15. The limit of liability for the registry administrator.

          2. 16. The limit of liability for the account holder.

       10. Third party rights Agency, notices and governing law

    6. ANNEX VI

       Definitions of identification codes

       1. Introduction

          1. 1. This Annex prescribes the elements of the following identification codes:...

       2. Display and reporting of identification codes

          1. 2. For the purpose of displaying and reporting the identification codes...

       3. Unit identification code

          1. 3. Table VI-1 details the elements of the unit identification code....

          2. 4. A set of units shall be transmitted as a unit...

          3. 5. Multiple unit blocks shall not overlap with respect to their...

          4. 6. Table VI-2 lists the valid initial unit type and supplementary...

       4. Account identification code

          1. 7. Table VI-3 details the elements of the account identification code....

          2. 8. An operator holding account identification code shall be linked to...

       5. Permit identification code

          1. 9. Table VI-4 details the elements of the permit identification code....

          2. 10. A permit identification code shall be assigned to one operator....

       6. Account holder identification code

          1. 11. Table VI–5 details the elements of the account holder identification...

       7. Installation identification code

          1. 12. Table VI–6 details the elements of the installation identification code....

          2. 13. An installation identification code shall be assigned to one installation....

       8. Correlation identification code

          1. 14. Table VI-7 details the elements of the correlation identification codes....

       9. Transaction identification code

          1. 15. Each process under Annex IX shall be assigned a transaction...

          2. 16. The elements of the transaction identification codes are set out...

       10. Reconciliation identification code

           1. 17. Each process under Annex X shall be assigned a reconciliation...

           2. 18. The elements of the reconciliation identification codes are set out...

       11. Project identification code

           1. 19. Each project shall be assigned a project identification code. Project...

           2. 20. The elements of the project identification codes are set out...

    7. ANNEX VII

       List of input codes

       1. Introduction

          1. 1. This Annex defines the codes for all elements and code...

       2. EU-specific codes

          1. 2. Field Name: Activity Type

          2. 3. Field Name: Relationship Type

          3. 4. Field Name: Process Type

          4. 5. Field Name: Supplementary Unit Type

          5. 6. Field Name: Action Code

       3. UNFCCC codes

          1. 7. The UNFCCC codes are set out in the functional and...

    8. ANNEX VIII

       Processes concerning accounts and verified emissions with response codes

       1. Requirements for each process

          1. 1. The following message sequence for processes concerning an account or...

             2. Table VIII-1: Message Sequence Diagram for Processes concerning an Account...

          2. 2. Provided that these are completed through the exchange of data...

          3. 3. The status of the process during the message sequence shall...

             2. Table VIII-2: Status Diagram for Processes concerning an Account or...

          4. 4. The components and functions which are utilised during the message...

             1. Table VIII-3: Components and Functions for Processes concerning an Account...

             2. Table VIII-4: MgmtOfAccountWS Component

             3. Table VIII-5: MgmtOfAccountWS.CreateAccount() function

             4. Table VIII-6: MgmtOfAccountWS.UpdateAccount() function

             5. Table VIII-7: MgmtOfAccountWS.CloseAccount() function

             6. Table VIII-8: MgmtOfAccountWS.UpdateVerifiedEmissions() function

             7. Table VIII-9: MgmtOfAccountWS.ReceiveAccountOperationOutcome() function

             8. Table VIII-10: AccountManagement Component

             9. Table VIII-11: ManagementOfAccount.ValidateAccountCreation() function

             10. Table VIII-12: ManagementOfAccount.CreateAccount() function

             11. Table VIII-13: AccountManagement.ValidateAccountUpdate() function

             12. Table VIII-14: ManagementOfAccount.UpdateAccount() function

             13. Table VIII-15: ManagementOfAccount.ValidateAccountClosure() function

             14. Table VIII-16: ManagementOfAccount.CloseAccount() function

             15. Table VIII-17: ManagementOfAccount.ValidateVerifiedEmissionsUpdate() function

             16. Table VIII-18: ManagementOfAccount.UpdateVerifiedEmissions function

       2. Preliminary checks for each process

          1. 5. The Community independent transaction log shall check the status of...

          2. 6. The Community independent transaction log shall perform registry version and...

          3. 7. The Community independent transaction log shall perform data integrity checks...

       3. Secondary checks for each process

          1. 8. The Community independent transaction log shall perform secondary checks on...

             1. Table VIII-19: Secondary Checks

    9. ANNEX IX

       Processes concerning transactions with response codes

       1. Process types

          1. 1. Each process concerning a transaction shall be assigned a process...

       2. Requirements for each process

          1. 2. The message sequence for processes concerning a transaction, the status...

       3. Preliminary checks for each process

          1. 3. The Community independent transaction log shall check the status of...

          2. 4. The Community independent transaction log shall perform the following categories...

       4. Secondary and tertiary checks for each process

          1. 5. For each process concerning a transaction which has passed all...

          2. 6. The Community independent transaction log shall perform tertiary checks on...

          3. 7. An external transfer between a registry referred to in Article...

    10. ANNEX X

        Reconciliation process with response codes

        1. Requirements for the process

           1. 1. When the communication link between the Community independent transaction log...

           2. 2. When the communication link between the Community independent transaction log...

           3. 3. When the communication link between the Community independent transaction log...

           4. 4. The message sequence for the reconciliation process, the status of...

        2. Preliminary checks for the process

           1. 5. The Community independent transaction log shall check the status of...

           2. 6. The Community independent transaction log shall perform registry version and...

        3. Secondary checks for the process

           1. 7. The Community independent transaction log shall perform secondary checks during...

        4. Manual intervention

           1. 8. If the information held in a registry has been amended...

           2. 9. Where the reconciliation process has identified an inconsistency, the Central...

    11. ANNEX XI

        Administrative processes with response codes

        1. Administrative processes

           1. 1. The Community independent transaction log shall provide the following administrative...

           2. 2. When the communication link between the Community independent transaction log...

           3. 2. After the communication link between the Community independent transaction log...

           4. 3. Each registry shall be capable of executing correctly the additional...

        2. Requirements for each process

           1. 4. The message sequence for administrative processes and the components and...

        3. Checks for each process

           1. 5. If, during the period referred to in paragraph 2, the...

           2. 6. If the Community independent transaction log detects a discrepancy under...

           3. 7. During the period referred to in paragraph 2 and where...

           4. 8. During the period referred to in paragraph 2 and where...

    12. ANNEX XIa

        Processes concerning automatic national allocation plan table changes

        1. 1. In accordance with Articles 17(3) and 44(2), registries may propose...

        2. Requirements for each process

           1. 2. In accordance with Articles 17(3) and 44(2), registries may propose...

           2. 3. Provided that automatic national allocation plan table change processes are...

           3. 4. The components and functions which are utilised during the message...

           4. 5. If all the checks have been passed successfully, the Community...

    13. ANNEX XII

        List of response codes for all processes

        1. 1. The Community independent transaction log shall return response codes as...

        2. 2. Each registry administrator shall ensure that the meaning of each...

    14. ANNEX XIII

        Testing procedures

        1. 1. A registry and the Community independent transaction log shall complete...

        2. 2. Individual tests for a registry carried out as part of...

        3. 3. The Central Administrator shall require a registry to complete the...

        4. 4. The Central Administrator shall require a registry to demonstrate that...

        5. 5. The testing stages set out in paragraph 3 shall take...

        6. 6. Individual tests carried out as part of the testing stages...

        7. 7. Individual tests carried out as part of the testing stages...

    15. ANNEX XIV

        Initialisation procedures

        1. 1. By 1 September 2004 at the latest, each Member State...

        2. 2. For the period 2005-2007, each Member State shall notify the...

        3. 3. In advance of the 2008-2012 period and each subsequent five...

        4. National allocation plan table requirements

           1. 4. Each national allocation plan shall be submitted in accordance with...

           2. 5. The format for submitting a national allocation plan table to...

           3. 6. The installations listed under paragraph 5(d) shall include installations unilaterally...

           4. 7. The XML schema for submitting a national allocation plan table...

           5. 8. As part of the initialisation procedures set out in the...

    16. ANNEX XV

        Security standards

        1. Communication link between the Community independent transaction log and each...

           1. 1. When the communication link between the Community independent transaction log...

           2. 2. When the communication link between the Community independent transaction log...

        2. Communication link between the Community independent transaction log and its...

           1. 3. The communication link between the Community independent transaction log and...

           2. 4. The system for issuing usernames and passwords pursuant to paragraph...

        3. Communication link between the Community independent transaction log and the...

           1. 5. The public area of the website of the Community independent...

           2. 6. The public area of the Community independent transaction log website...

        4. General security requirements for the Community independent transaction log and...

           1. 7. The following general security requirements shall apply to the Community...

    17. ANNEX XVI

        Reporting requirements of each registry administrator and the Central Administrator

        1. Publicly available information from each registry and the Community independent...

           1. 1. The Central Administrator shall display and update the information in...

           2. 2. The following information for each account shall be displayed in...

           3. 3. The following additional information for each operator holding account shall...

           4. 4. The following additional information for each operator holding account for...

        2. Publicly available information from each registry

           1. 5. Each registry administrator shall display and update the information in...

           2. 6. The following information for each project identifier for a project...

           3. 7. The following holding and transaction information, by unit identification code...

           4. 8. The list of persons authorised by the Member State to...

           5. 9. The total number of CERs and ERUs which operators are...

           6. 10. The commitment period reserve, calculated in accordance with Decision 18/CP.7...

        3. Publicly available information from the Community independent transaction log

           1. 11. The Central Administrator shall display and update the information in...

           2. 12. The following information for each completed transaction relevant for the...

           3. 12a. The Central Administrator shall make available on the public area...

        4. Information from each registry to be made available to account...

           1. 13. Each registry administrator shall display and update the information in...

           2. 14. The following elements for each account, by unit identification code...