55.—(1) Subject to paragraphs (2) and (3), the administrator must maintain a record in respect of an allowance which shows—
(a)the year in which it was issued;
(b)the allocation in which it was issued;
(c)the date of issue;
(d)to whom it was issued;
(e)the account in which it is held from time to time;
(f)transfers of it;
(g)when it is cancelled.
(2) Trading in allowances is permitted by participants and third parties to enable participants to comply with article 53(1).
(3) This article does not apply to Community tradeable emissions allowances.