CHAPTER IV

PROVISIONS APPLYING TO AVIATION AND STATIONARY INSTALLATIONS

Validity of allowances
Article 13
Allowances issued from
1 January 2013
onwards shall be valid indefinitely. Allowances issued from
1 January 2021
onwards shall include an indication showing in which ten-year period beginning from
1 January 2021
they were issued, and be valid for emissions from the first year of that period onwards.
Substituted by Directive (EU) 2018/410 of the European Parliament and of the Council of 14 March 2018 amending Directive 2003/87/EC to enhance cost-effective emission reductions and low-carbon investments, and Decision (EU) 2015/1814 (Text with EEA relevance).
Inserted by Directive 2008/101/EC of the European Parliament and of the Council of 19 November 2008 amending Directive 2003/87/EC so as to include aviation activities in the scheme for greenhouse gas emission allowance trading within the Community (Text with EEA relevance).