Regulation 2 InterpretationI1

In these Regulations—

• “account” means the account in the Register of a sector association or operator;

• “account holder” means a sector association or operator which holds an account;

• “the administrator” has the meaning given by Regulation 3;

• “agreement” means an umbrella agreement or an underlying agreement;

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• “certification period” means a period specified in an agreement as a certification period for the facility to which the agreement applies;

• “emissions” means the total emissions in tCO₂ F2equivalent for a F3facility;

• “facility” means a facility to which an agreement applies;

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• “operator” means a party to an underlying agreement other than the administrator;

• “personal information” means—

  1. (a)

     the address of the registered office of the sector association or operator; and

  2. (b)

     the name, address, and email address of a person who can be contacted in respect of—

     1. (i)

        the sector association or operator; and

     2. (ii)

        the facility or, if more than one, each facility covered by the agreement;

• “publish” means to publish on any part of a website maintained by the administrator which is accessible to the public;

• “the Register” has the meaning given by regulation 4;

• “Schedule 6” means Schedule 6 to the Finance Act 2000^f1;

• “sector association” means a party to an umbrella agreement other than the administrator;

• “sector commitment” means a commitment notified to the administrator by the Secretary of State applicable to the facilities to which an umbrella agreement applies;

• “surplus” means the amount by which the emissions have fallen below the target for any target period as recorded on an account F5in respect of a facility;

• “target” means the target applicable to a F6facility set out in an underlying agreement;

• “target period” means any of the following periods—

  1. (a)

     1st January 2013 to 31st December 2014;

  2. (b)

     1st January 2015 to 31st December 2016;

  3. (c)

     1st January 2017 to 31st December 2018; F7...

  4. (d)

     1st January 2019 to 31st December 2020;

  5. (e)

     F81st January 2021 to 31st December 2022;

  6. (f)

     F91st January 2024 to 31st December 2024;

  7. (g)

     F101st January 2026 to 31st December 2026;

  8. (h)

     1st January 2027 to 31st December 2028;

  9. (i)

     1st January 2029 to 31st December 2030;

• F11“target period 1” means the target period from 1st January 2013 to 31st December 2014;

• “target period 2” means the target period from 1st January 2015 to 31st December 2016;

• “target period 3” means the target period from 1st January 2017 to 31st December 2018;

• “target period 4” means the target period from 1st January 2019 to 31st December 2020.

• F12“target period 5” means the target period from 1st January 2021 to 31st December 2022;

• F13“target period 6” means the target period from 1st January 2024 to 31st December 2024;

• F14“target period 7” means the target period from 1st January 2026 to 31st December 2026;

• “target period 8” means the target period from 1st January 2027 to 31st December 2028;

• “target period 9” means the target period from 1st January 2029 to 31st December 2030;

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• F16“tCO₂ equivalent” means tonnes of carbon dioxide or an amount of methane or nitrous oxide with an equivalent global-warming potential;

• “umbrella agreement” means an agreement that is an umbrella agreement for the purposes of paragraph 48 of Schedule 6;

• “underlying agreement” means an agreement that is an underlying agreement for the purposes of paragraph 48 of Schedule 6 or if there is no umbrella agreement, an agreement falling within paragraph 47 of Schedule 6;

• “working day” means any day other than—

  1. (a)

     a Saturday, Sunday, Good Friday or Christmas Day; or

  2. (b)

     a day which is a bank holiday under the Banking and Financial Dealings Act 1971^f2.