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Amendment of the Greenhouse Gas Emissions Trading Scheme Regulations 2005

12.—(1) Regulation 24 (applications to retain allocation) is amended as follows.

(2) In paragraph (1), delete “, or a proportion of the allowances,”.

(3) For paragraph (7)(a), substitute—

(a)accept the application and provide, subject to such conditions as the regulator considers appropriate, for all the allowances allocated in respect of the installation for the scheme phase to which the application relates to be retained, or.

(4) Delete paragraphs (9) and (10).