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The Greenhouse Gas Emissions Trading Scheme (Amendment) Regulations 2006

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This is the original version (as it was originally made).

Amendment of the Greenhouse Gas Emissions Trading Scheme Regulations 2005

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14.—(1) For regulation 23 (Allowance allocation where permit surrendered or revoked) substitute—

“Allowance allocation where permit varied, surrendered or revoked

23.—(1) Where a greenhouse gas emissions permit is varied under regulation 14 so that it no longer applies to an installation in which the operator has ceased to carry out a Schedule 1 activity, surrendered under regulation 16 or revoked under regulation 17—

(a)the regulator shall notify the Secretary of State; and

(b)where an allocation of allowances in respect of the installation which has ceased to be the subject of a permit has been made under regulation 22 or 22A for the scheme phase in which the permit is varied, surrendered or revoked or the subsequent scheme phase, the regulator shall take such steps as it considers necessary to ensure that no further allowances are issued in respect of that installation from the date on which the variation notice, the notice of surrender or the revocation notice takes effect.

(2) Where the regulator notifies the Secretary of State that a greenhouse gas emissions permit has been varied so that it no longer applies to an installation in which the operator has ceased to carry out a Schedule 1 activity, surrendered or revoked, the Secretary of State shall take such steps as she considers necessary to ensure that no further allowances are issued in respect of the installation which has ceased to be the subject of a permit from the date on which the variation notice, the notice of surrender or the revocation notice takes effect.”.

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