Amendments to the Greenhouse Gas Emissions Trading Scheme Regulations 20122

1

The Greenhouse Gas Emissions Trading Scheme Regulations 20125 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.