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Regulation 3 Conduct of allocations

Original text. Later amendments are not shown.

(1)

The Environment Agencyf1 must conduct allocations of allowances in return for payment to the Secretary of State.

(2)

The Environment Agency—

(a)

may only conduct main allocations of allowances during a primary or secondary allocation period, and

(b)

may conduct special allocations of allowances at any time.

Annotations

Footnotes

f1

established under section 1(1) of the Environment Act 1995 (c.25).