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SCHEDULES

SCHEDULE 2U.K.Trading schemes

Part 1U.K.Schemes limiting activities

PermitsU.K.

10(1)The regulations may provide that participants may only carry on activities to which the trading scheme applies, or specified activities to which the scheme applies, if they hold a permit.U.K.

(2)The regulations may make provision about the issue, variation, transfer, surrender and revocation of permits.

(3)The regulations may provide for conditions to be attached to permits.

(4)References in this Schedule to the requirements of the scheme include requirements imposed by conditions attached to a permit.