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The Greenhouse Gas Emissions Trading Scheme Order 2020
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Changes over time for: Section 34B
Version Superseded: 07/02/2022
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- 31/12/2020- Amendment
- 31/12/2020
Point in time - 07/02/2022- Amendment
- 01/01/2024- Amendment
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[F1Allocation tables: supplementaryU.K.
This section has no associated Explanatory Memorandum
34B.—(1) This article applies for the purposes of article 34A(8)(b).
(2) Where the final annual number of allowances to be allocated in respect of an installation is approved under Article 16b of the Free Allocation Regulation, that number must be included in column A.
(3) Where the final annual number of allowances to be allocated in respect of an installation is approved under Article 18a of that Regulation, that number must be included in column B.
(4) Paragraphs (5) and (6) apply where a calculation (a “relevant calculation”) of the final annual number of allowances to be allocated in respect of the installation for a scheme year is approved by the UK ETS authority under either or both of the following—
(a)Article 24(3)(a)(ii) of the Free Allocation Regulation (renunciation other than in respect of whole installation);
(b)Article 6a of the Activity Level Changes Regulation.
(5) If the effect of the relevant calculation is a final annual number of allowances to be allocated in respect of the installation for the scheme year that is greater than the number that would otherwise be set out in the entry for the installation for the scheme year, the net increase must be added to the amount that would otherwise be included in column B.
(6) If the effect of the relevant calculation is a final annual number of allowances to be allocated in respect of the installation for the scheme year that is less than the number that would otherwise be set out in the entry for the installation for the scheme year, the net decrease must be deducted first from any amount that would otherwise be included in column B, before being deducted from any amount that would otherwise be included in column A.
(7) The total final annual number of allowances to be allocated in respect of the installation for the scheme year (that is to say, the sum of columns A and B) must be included in column C.]
Textual Amendments
F1Pt. 4A inserted (31.12.2020) by The Greenhouse Gas Emissions Trading Scheme (Amendment) Order 2020 (S.I. 2020/1557), arts. 2(1), 18
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