PART 2 ALLOCATIONS

5 Allocation periods
1 The Environment Agency must conduct main allocations of allowances during the allocation periods determined in accordance with this regulation.
2 The primary allocation periods are as follows—
(a) the first primary allocation period begins on 1st June 2012 and ends on 31st July 2012,
(b) the second primary allocation period begins on 3rd June 2013 and ends on 31st July 2013, and
(c) the third primary allocation period begins on 2nd June 2014 and ends on 31st July 2014.
3 The secondary allocation periods are as follows—
(a) the first secondary allocation period begins on 13th August 2012 and ends on 7th September 2012,
(b) the second secondary allocation period begins on 12th August 2013 and ends on 6th September 2013, and
(c) the third secondary allocation period begins on 11th August 2014 and ends on 5th September 2014.
4 Where an allocation period referred to in this regulation begins on a day which is not a working day, the allocation period is to begin on the next working day.
5 Where an allocation period referred to in this regulation ends on a day which is not a working day, the allocation period is to end on the previous working day.