SCHEDULES

SCHEDULE 2Trading schemes

Part 1Schemes limiting activities

Trading

9

1

The regulations must provide for the participants in a trading scheme to trade in any allowances or credits under the scheme.

2

The regulations may also provide for trading in the allowances or credits by third parties authorised in accordance with the regulations.

3

The regulations must specify the circumstances in which trading is permitted.

4

The regulations may require trading to be notified to the administrator of the trading scheme.