# The Community Emissions Trading Scheme (Allocation of Allowances for Payment) Regulations 2008, Regulation 3: Persons who may conduct auctions


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.

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Source: https://www.legislation.gov.uk/ukdsi/2008/9780110817743/regulation/3 (the official version)
Page: https://openlegislation.uk/draft-community-emissions-trading-scheme-allocation-of-allowances-for-payment-regulations-2008/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.