PART IIU.K. SPECIFIED ACTIVITIES

[F1Chapter 5AU.K.Bidding in Emissions Auctions

The activityU.K.

Bidding in emissions auctionsU.K.

24A.(1) The reception, transmission or submission of a bid at an auction of an investment of the kind specified by article 82A conducted—

(a)on a recognised auction platform, or

(b)on any other auction platform which has been appointed under the emission allowance auctioning regulation,

is a specified kind of activity.

(2) An activity which falls within paragraph (1) (or would do so but for the exclusions in article 24B) does not form part of any other activity specified under any other article of this Order.

(3) In this article, “recognised auction platform” has the meaning given in regulation 1(3) of the Recognised Auction Platform Regulations 2011.]