These Regulations make amendments to agreements made pursuant to the Climate Change Agreement scheme established under Schedule 6 to the Finance Act 2000 (c.17), including in consequence of the withdrawal of the United Kingdom from the European Union.

These Regulations make amendments to both types of agreements that exist under the scheme, being umbrella agreements (which are agreements between the administrator of the scheme and the sector associations) and underlying agreements (which are between the administrator and operators).

The amendments update references to the European Commission's guidelines setting out the definition of an undertaking in difficulty to the latest version of those guidelines (OJ C 249, 31.7.2014, p1).

The amendments also, in consequence of the withdrawal of the United Kingdom from the European Union, correct deficiencies in cross-references to Directive 2003/87/EC of the European Parliament and of the Council of 13 October 2003 establishing a system for greenhouse gas emission allowance trading within the Union and amending Council Directive 96/61/EC (OJ L 275, 25.10.03, p32).

An impact assessment has not been produced for this instrument as no, or no significant, impact on the private or voluntary sector is foreseen.