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The Greenhouse Gas Emissions Trading Scheme (Amendment) Order 2022
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This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Greenhouse Gas Emissions Trading Scheme (Amendment) Order 2022 No. 454
Article 64A inserted
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10. After article 64 insert—
“Failure to comply with notice to return allowances
64A.—(1) A person is liable to a civil penalty where the person fails to comply (or to comply on time) with the requirements of a notice (the “notice to return allowances”) given under article 34V.
(2) The civil penalty is—
(a)£20,000; and
(b)a daily penalty at a daily rate of £1,000 for each day that the person fails to comply with the requirements of the notice to return allowances, beginning with the day on which the initial notice is given.”.
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