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SCHEDULE 2PARTICULAR PURPOSES FOR WHICH PROVISION MAY BE MADE UNDER SECTION 18

PART 2SUPPLEMENTARY PROVISIONS

Emissions trading scheme

24(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 2(3).