PART 4Surrender of allowances
F1Surrender of allowances: UK aircraft operators: 2013, 2014 and subsequent scheme years42A.
(1)
Subject to paragraphs (3) and (4), by 30th April 2015, a UK administered operator (“A”) must surrender a number of allowances or aviation allowances equal to the sum of A’s annual reportable emissions in the scheme years 2013 and 2014.
F2(2)
Subject to paragraph (3) and regulation 42B, for each scheme year beginning with 2015, A must surrender a number of allowances or aviation allowances equal to A’s annual reportable emissions in that scheme year by—
(a)
for the scheme year 2018, F3the 2018 surrender deadline; or
(b)
for any other scheme year, the following 30th April.
(3)
For each scheme year beginning with 2013 and ending with F42023, the duty in paragraphs (1) and (2) does not apply in respect of A’s excluded aviation emissions.
(4)
The duty in paragraph (1) does not apply for a scheme year in which A was an exempt non-commercial air transport operator.