PART 2ALLOCATION AND THE BORROWING AND TRANSFER OF LANDFILL ALLOWANCES

Allocation of allowances5

1

As soon as reasonably practicable after the Department has complied with section 4(4) of the Act, the monitoring authority must assign all landfill allowances allocated to a district council under that section –

a

to the district council’s landfill allowance account;

b

a unique reference number (which may include any letter) from which the following information may be ascertained –

i

the district council to which the allowance is allocated,

ii

the year for which the allowance is allocated, and

iii

the vintage of the allowance for that year.