PART 2ALLOCATIONS

Allocation periods5

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.