The Greenhouse Gas Emissions Trading Scheme Order 2020 No. 1265

[F1 SCHEDULE 5A U.K. Registry

Textual Amendments

F1 Sch. 5A inserted (31.12.2020) by The Greenhouse Gas Emissions Trading Scheme (Amendment) Order 2020 (S.I. 2020/1557), arts. 2(1), 37

PART 3 U.K. Accounts

CHAPTER 3 U.K. Transfers of allowances

Deletion of allowances U.K.

23.— (1) An account holder may delete an allowance by transferring the allowance from the account holder's account to the deletion account.

(2) An allowance transferred to the deletion account may not be transferred from the deletion account and ceases to be available for any other purpose unless the transfer is reversed under paragraph 22 (transfer reversals).]