SCHEDULES

SCHEDULE 12Carbon emissions tax

7Interpretation

1

Section 77 (interpretation) is amended in accordance with this paragraph.

2

In subsection (1)—

a

after the definition of “installation” insert—

  • “modify” includes amend, repeal or revoke;

b

for the definition of “the Monitoring and Reporting Regulation” substitute—

c

in the definition of “reporting period” omit “(subject to section 79(4))”;

d

for the definition of “the Verification Regulation” substitute—

  • “the Verification Regulation” means Commission Implementing Regulation (EU) No 2018/2067 of 19 December 2018 on the verification of data and on the accreditation of verifiers pursuant to Directive 2003/87/EC of the European Parliament and of the Council (as amended from time to time).

3

For subsection (4) substitute—

4

For the purposes of this Part, the Monitoring and Reporting Regulation is to be treated for the purposes of section 3 of the European Union (Withdrawal) Act 2018 as if it is fully in force immediately before IP completion day (even if it is not).