The Benchmarks (Amendment and Transitional Provision) (EU Exit) Regulations 2019

[F1Annex IIIU.K.

This section has no associated Explanatory Memorandum

45A.(1) Annex III is amended as follows.

(2) In the title to the Annex, for “EU Climate Transition Benchmarks and EU Paris-aligned Benchmarks” substitute “ UK Climate Transition Benchmarks and UK Paris-aligned Benchmarks ”.

(3) In the heading immediately above paragraph (1), for “EU Climate Transition Benchmarks” substitute “ UK Climate Transition Benchmarks ”.

(4) In paragraph (1)—

(a)in each place, for “EU Climate Transition Benchmarks” substitute “ UK Climate Transition Benchmarks ”;

(b)in the first subparagraph, for “undisclosed know-how and business information (trade secrets) as defined in Directive (EU) 2016/943 of the European Parliament and of the Council” substitute “ “trade secrets” as defined in regulation 2 of the Trade Secrets (Enforcement, etc.) Regulations 2018 ”;

(c)in the first subparagraph, at point (e)(iv), omit “the Product and Organisation Environmental Footprint methods as defined in points (a) and (b) of point 2 of Commission Recommendation 2013/179/EU or”.

(5) In the heading immediately above paragraph (2), for “EU Paris-aligned Benchmarks” substitute “ UK Paris-aligned Benchmarks ”.

(6) In paragraph (2)—

(a)for “EU Paris-aligned Benchmarks” substitute “ UK Paris-aligned Benchmarks ”;

(b)for “undisclosed know-how and business information (trade secrets) as defined in Directive (EU) 2016/943 of the European Parliament and of the Council” substitute “ “trade secrets” as defined in regulation 2 of the Trade Secrets (Enforcement, etc.) Regulations 2018 ”;

(7) In paragraphs (3) and (4), in each place, for “EU” substitute “ UK ”.]

Textual Amendments

F1Reg. 45A inserted (31.12.2020 immediately before IP completion day) by The Financial Services (Miscellaneous Amendments) (EU Exit) Regulations 2020 (S.I. 2020/628), regs. 1(3), 12(7)

Commencement Information

I1Reg. 45A in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)