Regulation 38 Plans relating to emissions
(1)
The Secretary of State may make plans for—
(a)
the setting of limits on the total amount, or the total amount in any period, of emissions from all or any description of source within England and Wales; or
(b)
the allocation of quotas relating to such emissions.
(2)
Where the Secretary of State allocates a quota in a plan made under paragraph (1) he may also make a scheme for the trading or other transfer of the quota so allocated.
(3)
In this regulation, “emission” means the direct or indirect release of any substance from individual or diffuse sources into the air, water or land.