CHAPTER IIMONITORING AND REPORTING

SECTION 2 Monitoring plan

Article 7Modifications of the monitoring plan

1.

Companies shall check regularly, and at least annually, whether a ship's monitoring plan reflects the nature and functioning of the ship and whether the monitoring methodology can be improved.

2.

Companies shall modify the monitoring plan in any of the following situations:

(a)

where a change of company occurs;

(b)

where new CO2 emissions occur due to new emission sources or due to the use of new fuels not yet contained in the monitoring plan;

(c)

where a change in availability of data, due to the use of new types of measuring equipment, new sampling methods or analysis methods, or for other reasons, may affect the accuracy of the determination of CO2 emissions;

(d)

where data resulting from the monitoring method applied has been found to be incorrect;

(e)

where any part of the monitoring plan is identified as not being in conformity with the requirements of this Regulation and the company is required to revise it pursuant to Article 13(1).

3.

Companies shall notify to the verifiers without undue delay any proposals for modification of the monitoring plan.

4.

Modifications of the monitoring plan under points (b), (c) and (d) of paragraph 2 of this Article shall be subject to assessment by the verifier in accordance with Article 13(1). Following the assessment, the verifier shall notify the company whether those modifications are in conformity.