PART 2Amendment of the Greenhouse Gas Emissions Trading Scheme Regulations 2012

Insertion of regulation 9053

After regulation 89 insert—

Transitional provisions: permits granted before exit day90

1

In the case of a permit granted before exit day, the regulator must vary the permit as necessary in relation to the scheme year 2019 and any subsequent scheme year to bring it into a form in which it could be granted under regulation 10 on or after exit day.

2

Until such variations are made, the permit has effect as if any requirements included in the permit by virtue of paragraph 2(1)(e)(iii) or 2(7)(a) of Schedule 4 or paragraph 3(1)(e) of Schedule 5 do not apply in relation to the scheme year 2019, or any subsequent scheme year.