The Greenhouse Gas Emissions Trading Scheme (Amendment) Regulations 2017

Amendments to the Greenhouse Gas Emissions Trading Scheme Regulations 2012

2.—(1) The Greenhouse Gas Emissions Trading Scheme Regulations 2012(1) are amended in accordance with paragraphs (2) to (6).

(2) For regulation 35(4), substitute—

“(4) Subject to paragraphs (6) to (8), the report prepared under paragraph (3) must be submitted to the regulator—

(a) for the scheme year 2018, by 11th March 2019; or

(b) for any other scheme year, by 31st March in the year following that scheme year.”.

(3) For regulation 42A(2), substitute—

“(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, 15th March 2019; or

(b) for any other scheme year, the following 30th April.”.

(4) For regulation 54(7)(b), substitute—

“(b) “relevant date” means—

(i) if the scheme year mentioned in paragraph (4) is the scheme year 2018, 15th March 2019; or

(ii) if the scheme year mentioned in paragraph (4) is any other scheme year, 30th April in the year following that scheme year;”.

(5) For paragraph 2(3)(b) of Schedule 4, substitute—

“(b) a requirement to prepare, for each scheme year, a verified report of those emissions in accordance with the Monitoring and Reporting Regulation and the Verification Regulation and to submit that report to the regulator—

(i) for the scheme year 2018, by 11th March 2019; or

(ii) for any other scheme year, by 31st March in the following year;”.

(6) For paragraph 2(4) of Schedule 4, substitute—

“(4) The surrender requirements are conditions obliging the operator to surrender a number of allowances equal to the annual reportable emissions of the installation in a scheme year by—

(a) for the scheme year 2018, 15th March 2019; or

(b) for any other scheme year, the following 30th April.”.

(1)

S.I. 2012/3038; relevant amending instruments are S.I. 2013/3135, S.I. 2014/3125 and S.I. 2015/1849.