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The CRC Energy Efficiency Scheme (Allocation of Allowances for Payment) Regulations 2012

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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 2012 No. 1386

Interpretation

This sectionnoteType=Explanatory Memorandum has no associated

2.  (1)  In these Regulations—

“allocation” means an allocation of allowances conducted in accordance with Part 2 of these Regulations;

“allocation period” means such period as is determined in accordance with regulation 5;

“allowance” means an allowance allocated and issued by the Environment Agency pursuant to these Regulations;

“main allocation” means an allocation of allowances which is not a special allocation;

“the Order” means the CRC Energy Efficiency Scheme Order 2010()(1);

“primary allocation period” means such period as is determined in accordance with regulation 5(2), (4) and (5);

“registry account” means an account established by the Environment Agency as required by paragraph 1(1) of Schedule 7 to the Order;

“secondary allocation period” means such period as is determined in accordance with regulation 5(3), (4) and (5); and

“special allocation” means an allocation of allowances conducted following the issue of an enforcement notice or for the purposes of article 97(4)(b) or article 100(2) of the Order.

(2) The following words and phrases in these Regulations have the same meaning as in the Order:

“account holder”;

“civil penalty”;

“compliance account”;

“enforcement notice”;

“group”;

“participant”;

“the Registry”;

“scheme”; and

“working day”.

(1)

S.I. 2010/768, which has been amended by S.I. 2011/234.

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