Allocations
This section has no associated Explanatory Memorandum
6.—(1) Only an account holder of a compliance account may make a request to be allocated allowances at an allocation.
(2) A request to be allocated allowances at an allocation is not valid unless payment is made in accordance with regulation 7(2) or (3).
(3) Where payment is not received in full the Environment Agency must allocate allowances up to the value for which payment has been received.
(4) Where payment is received after the time required under regulation 7(2) or (3), or where a balance is remaining after allowances have been allocated under regulation 6(3), the Secretary of State must repay the payment or balance to the account holder making the request as soon as reasonably practicable.