xmlns:atom="http://www.w3.org/2005/Atom"

Amendments to article 30 of the 2014 Order (transfers of surplus actions)

22.—(1) In article 30(2)(a), for “30th April 2017” substitute “31st December 2018”.

(2) For article 30(3) substitute—

(3) The Administrator must approve a transfer unless—

(a)D has indicated that it intends S to be credited towards a different obligation to the one it is credited against at the time the application is made and the Administrator is not satisfied that S meets the applicable requirement in article 27(3)(c) in respect of that different obligation;

(b)the application is made on or after 1st July 2017 and S is credited against C’s total carbon saving community obligation at the time the application is made; or

(c)the application is made on or after 1st July 2017 and D has indicated that it intends S to be credited towards D’s total carbon saving community obligation..