OpenLegislation

Regulation 3 Persons who may conduct auctions

Original text. Later amendments are not shown.

The Treasury may—

(a)

conduct auctions to allocate allowances, or

(b)

appoint the Secretary of State, the Scottish Ministers, the Welsh Ministers or the Department of the Environment in Northern Ireland, or any other person, or any of them acting jointly, to conduct auctions to allocate allowances, subject to conditions (including as to fees charged) and limitations as the Treasury see fit.