F3PART 4Allowances and trading of CRC emissions

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Amendments (Textual)

Allowances and trading38

1

F1Until the end of 31st March 2025, the administrator must maintain a record in respect of an allowance which shows—

a

the year in which the allowance issued;

b

the allocation in which the allowance was issued;

c

the date of issue of the allowance;

d

to whom the allowance was issued;

e

the account in which the allowances are held from time to time;

f

transfers of the allowances;

g

when the allowance is cancelled.

2

F2Before 1st April 2022, trading in allowances is permitted by participants and third parties.