SCHEDULE 11MID-YEAR CHANGES

PART 2GROUP MEMBERSHIP

I18

Where—

a

paragraph 4(a) above applies;

b

in relation to the obligation year the company itself does not satisfy the threshold tests; and

c

the company is registered as part of a group registration;

the holding company shall comply with a proportion of the requirements of the company’s F1recycling obligations for the year in which it joins the group, such proportion being calculated as provided in paragraph 16 below.