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Article 23A amended (flexible reserve)
This section has no associated Explanatory Memorandum
17.—(1) Article 23A is amended as follows.
(2) In paragraph (2)(b)—
(a)in paragraph (i)(aa) omit “allocation period”;
(b)in paragraph (ii)—
(i)after “Free Allocation Regulation” insert “or Part 2 of the Greenhouse Gas Emissions Trading Scheme (Amendment) (No. 2) Order 2025”;
(ii)for “2026-2030 allocation period” substitute “2026 allocation period and the 2027-2030 allocation period”.
(3) In paragraph (4)(a) after “Free Allocation Regulation)” insert “or in accordance with article 8 of the Greenhouse Gas Emissions Trading Scheme (Amendment) (No. 2) Order 2025”.
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