- Draft legislation
This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The CRC Energy Efficiency Scheme (Allocation of Allowances for Payment) Regulations 2013 No. 3103
11.—(1) Where it comes to the notice of the Environment Agency that it has issued to an account holder allowances in excess of the number of allowances which have been validly requested and paid for, as soon as reasonably practicable the Environment Agency must—
(a)cancel the excess allowances, and
(b)notify the account holder that the allowances have been cancelled.
(2) The provisions of paragraph (1) do not apply in the event that an account holder sells or otherwise deals in any excess allowances.
(3) In the event that an account holder sells or otherwise deals in any excess allowances the Environment Agency—
(a)must not cancel the excess allowances, and
(b)may require that account holder to pay £12 multiplied by the number of excess allowances.
(4) If payment required under paragraph (3) is not received in full by such date as is specified by the Environment Agency, any outstanding amount is payable by the participant on demand by the Environment Agency and each member of a group is jointly and severally liable to comply with such a demand.
(5) Any outstanding amount under regulation 11(4) is recoverable as a civil debt by the Environment Agency.
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