Regulation 4 The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005

In paragraph 23A of Schedule 1 to the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005^f1, for sub-paragraph (1), substitute—

“(1)

Subject to sub-paragraph (2)—

(a)

emission allowances consisting of any units recognised for compliance (by an EEA State) with the requirements of the emission allowance trading directive; and

(b)

allowances created under article 18 of the Greenhouse Gas Emissions Trading Scheme Order 2020 and transferable in accordance with that order.”.