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Part 3U.K.Trading schemes

Other supplementary provisionsU.K.

50InformationU.K.

(1)Schedule 4 confers powers to require information for the purposes of enabling a trading scheme to be established.

(2)Paragraphs 1 to 5 of that Schedule shall cease to have effect on 1st January 2011.

51Powers to give guidanceU.K.

(1)The relevant national authority may give guidance to the administrator of a trading scheme.

(2)The power to give guidance under this section includes power to vary or revoke it.

(3)The administrator must have regard to any guidance given under this section.

52Powers to give directionsU.K.

(1)The relevant national authority may give directions to the administrator of a trading scheme.

(2)The power to give directions under this section includes power to vary or revoke the directions.

(3)The administrator must comply with any directions given under this section.

53Grants to administrators and participantsU.K.

(1)A national authority may make, or arrange for the making of, grants to—

(a)the administrator of a trading scheme, or

(b)the participants in a trading scheme.

(2)A grant under this section may be made subject to such conditions as may be determined by, or in accordance with arrangements made by, the national authority that makes the grant.

54Power to make consequential provisionU.K.

A national authority may by regulations—

(a)make such provision amending, repealing or revoking any enactment as the authority considers appropriate in consequence of provision made by that authority by regulations under section 44 (trading schemes);

(b)make such transitional provision and savings as the authority considers appropriate in connection with the coming into effect of such provision.