Article 3 Carbon units that do not count towards the limit

EU ETS carbon units credited to or debited from the net Scottish emissions account in accordance with the 2010 Regulations; and

European Union allowances which are acquired by the administrator of a trading scheme established in accordance with Part 3 (trading schemes) of the Climate Change Act 2008^f1.

“EU ETS” has the same meaning given by regulation 2 of the 2010 Regulations; and

“European Union allowance” has the meaning given by regulation 4(3) (carbon units) of the 2010 Regulations.