Finance Act 2020

Power to set emissions allowance

2(1)Section 73 (emissions allowance) is amended in accordance with this paragraph.

(2)The existing text becomes subsection (1).

(3)After that subsection insert—

(2)Regulations under this section—

(a)may have effect in relation to the reporting period during which they are made, and

(b)may make provision by reference to data relating to times before they are made.