Article 38 Allowances and trading
(1)
The administrator must maintain a record in respect of an allowance which shows—
(a)
the year in which the allowance issued;
(b)
the allocation in which the allowance was issued;
(c)
the date of issue of the allowance;
(d)
to whom the allowance was issued;
(e)
the account in which the allowances are held from time to time;
(f)
transfers of the allowances;
(g)
when the allowance is cancelled.
(2)
Trading in allowances is permitted by participants and third parties.