SCHEDULES

SCHEDULE 1 Particular purposes for which provision may be made under section 2

Part II Supplementary provisions

F1Emissions quota trading schemes: penalties

Annotations:
Amendments (Textual)
F1

Sch. 1 para. 21A and preceding cross-heading inserted (13.11.2003) by Waste and Emissions Trading Act 2003 (c. 33), ss. 38, 40

21A

1

The regulations may authorise the inclusion in a trading scheme of—

a

provision for penalties in respect of contraventions of provisions of the scheme;

b

provision for the amount of any penalty under the scheme to be such as may be set out in, or calculated in accordance with—

i

the scheme, or

ii

the regulations (including regulations made after the scheme).

2

In this paragraph “ trading scheme ” means a scheme of the kind mentioned in paragraph 1(3).