Carbon units that do not count towards the limit3.

(1)

The following carbon units do not count towards the limit under article 2—

(a)

EU ETS carbon units credited to or debited from the net Scottish emissions account in accordance with the 2010 Regulations; and

(b)

European Union allowances which are acquired by the administrator of a trading scheme established in accordance with Part 3 (trading schemes) of the Climate Change Act 20085.

(2)

In paragraph (1)—

(a)

“EU ETS” has the same meaning given by regulation 2 of the 2010 Regulations; and

(b)

“European Union allowance” has the meaning given by regulation 4(3) (carbon units) of the 2010 Regulations.