PART 3Fluorinated greenhouse gases

SECTION 2Amendment of retained direct EU legislation

Annex 5 (calculation of the maximum quantity, reference values and quotas for placing hydrofluorocarbons on the market)I159

In Annex 5—

a

for “the Union”, in each place it occurs, substitute “any part of F1Great Britain;

b

in the first paragraph, omit the first sentence;

c

in the first paragraph, in the second sentence—

i

omit “From 2018 onwards,” and begin the sentence with “The maximum”;

ii

between the word “during” and “period” insert “the”;

iii

for “2009 to 2012” substitute “2015 to F22019 plus any necessary adjustment value”;

d

in the third paragraph, between the words “allocation period” and “but”, insert “plus any necessary adjustment value”;

e

after the fourth paragraph, insert—

In this Annex, “necessary adjustment value” means a value determined by the Secretary of State to be necessary to ensure that the maximum quantity and reference values are no lower than they would have been if Regulation (EU) No 517/2014 of the European Parliament and of the Council on fluorinated greenhouse gases and repealing Regulation (EC) No 842/2006 applied to F3Great Britain.

The necessary adjustment value shall expire two years after the entry into force of these Regulations.