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The Community Emissions Trading Scheme (Allocation of Allowances for Payment) Regulations 2012
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- UK Statutory Instruments
- 2012 No. 2661
- Regulation 5
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5.—(1) Subject to any deduction in respect of costs made in accordance with the Auctioning Regulation—
(a)any sum received by the Secretary of State as auctioneer in return for the allocation of allowances must be paid into the Consolidated Fund; and
(b)any sum received by the Scottish Ministers, the Welsh Ministers, the Department of the Environment in Northern Ireland or any other person as auctioneer in return for the allocation of allowances must be paid to the Treasury.
(2) All sums received by the Treasury under paragraph (1)(b) are to be paid into the Consolidated Fund.
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