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The Greenhouse Gas Emissions Trading Scheme (Amendment) Order 2020
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There are currently no known outstanding effects for the The Greenhouse Gas Emissions Trading Scheme (Amendment) Order 2020, Paragraph 9.
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Article 6a insertedU.K.
This section has no associated Policy Notes
9. After Article 6 insert—
“Article 6aU.K.Approval of changes by UK ETS authority
1. This Article applies where the regulator:
(a)determines the activity level or historical activity level of a sub-installation or calculates the preliminary or final annual number of allowances to be allocated in respect of a sub-installation for a scheme year under Article 3a; or
(b)calculates an adjustment to free allocation in respect of a sub-installation for a scheme year under Article 5 or 6.
2. Subject to Article 3(8), the regulator must as soon as reasonably practicable send to the UK ETS authority:
(a)the determination or calculation referred to in paragraph 1;
(b)the regulator's recalculation of the final annual number of allowances to be allocated in respect of the installation of which the sub-installation is part for the scheme year, taking account of the determination, calculation or adjustment referred to paragraph 1.
3. The UK ETS authority must:
(a)approve the final annual number of allowances to be allocated in respect of the installation for the scheme year, making any corrections to the activity level, historical activity level, preliminary annual number of allowances and final annual number of allowances that the UK ETS authority considers appropriate; and
(b)inform the regulator accordingly.
4. The regulator must inform the operator of the installation of the final annual number of allowances approved.”.
Commencement Information
I1Sch. 2 para. 9 in force at 31.12.2020 on IP completion day, see art. 2(2)(b)
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