Regulation 8 Amendment of Article 8

(1)

Article 8 (compliance with the specific CO₂ emissions targets) is amended as follows.

(2)

In paragraph 1—

(a)

for “Commission” substitute “Secretary of State”;

(b)

in point (a) for “4 250 EUR” substitute “£3,830”^f1;

(c)

in point (b) for “6 800 EUR” substitute “£6,130”.

(3)

In paragraph 3—

(a)

for “The Commission shall, by means of implementing acts,” substitute “The Secretary of State may by regulations”;

(b)

omit the second sentence.

(4)

In paragraph 4, for “shall be considered as revenue for the general budget of the European Union” substitute “must be paid into the Consolidated Fund”.

Annotations

Footnotes

f1: The exchange rate used for the figures in this paragraph was as at 29th May 2020 (one pound sterling was then equal to €1.11003).