Amendment of the Greenhouse Gas Emissions Trading Scheme Regulations 2005

3.  In paragraph (1) of regulation 2 (Interpretation)—

(a)at the end of the definition of “new entrant reserve”, insert “but shall not include any allowances removed from the reserve by virtue of a correction to the national allocation plan table made under Article 38(2) or 44(2) of the Registries Regulation”; and

(b)at the end, add—

“working day” means any day other than a Saturday, Sunday, Good Friday, Christmas Day or day which is a bank holiday within the meaning of the Banking and Financial Dealings Act 1971(1).