Cap for trading periodU.K.
This section has no associated Explanatory Memorandum
19. The number of allowances created in the trading period may not exceed the sum of—
(a)[F1633,116,297] multiplied by the 2021-2025 hospital and small emitter reduction factor; and
(b)[F2302,924,924] multiplied by the 2026-2030 hospital and small emitter reduction factor.
Textual Amendments
F1Sum in art. 19(a) substituted (19.12.2024) by The Greenhouse Gas Emissions Trading Scheme (Amendment) (No. 2) Order 2024 (S.I. 2024/1366), arts. 2(1)(c), 6(2)
F2Sum in art. 19(b) substituted (19.12.2024) by The Greenhouse Gas Emissions Trading Scheme (Amendment) (No. 2) Order 2024 (S.I. 2024/1366), arts. 2(1)(c), 6(3)
Commencement Information
I1Art. 19 in force at 12.11.2020, see art. 2(1)