Commission Regulation (EC) No 994/2008 (repealed)Show full title

Commission Regulation (EC) No 994/2008 of 8 October 2008 for a standardised and secured system of registries pursuant to Directive 2003/87/EC of the European Parliament and of the Council and Decision No 280/2004/EC of the European Parliament and of the Council (Text with EEA relevance) (repealed)

Article 49U.K.The surrender of CERs and ERUs

1.The surrender of ERUs and CERs by an operator in accordance with Article 11a of Directive 2003/87/EC in respect of an installation shall take place through an operator requesting the registry administrator to:

(a)transfer a specified number of CERs or ERUs for a specified year from the relevant operator holding account into a Party holding account of the registry where the operator holds its operator holding account;

(b)record the number of transferred CERs and ERUs for that installation as surrendered for the current period.

2.The registry administrator shall only accept requests to surrender CERs and ERUs up to the percentage of allocation to each installation specified by Member State legislation. The CITL shall reject any request to surrender CERs and ERUs that would surpass the maximum allowed amount of CERs and ERUs to be surrendered in the Member State.

3.The transfer and recording shall take place using the surrender of CERs and ERUs process.