# The Vehicle Emissions Trading Schemes Order 2023, Article 18: CRTS credits: general


(1) A CRTS participant may acquire a CRTS credit in accordance with articles 19, 20 and 23.
(2) Where its acquires a CRTS credit for a scheme year, a CRTS participant may—
(a) surrender that CRTS credit for that scheme year in accordance with article 27; or
(b) trade the credit in accordance with article 25 during the trading window following that scheme year.
(3) An SPV car manufacturer may acquire a CRTS credit in accordance with article 21 or 22.
(4) An SPV car manufacturer may trade a credit acquired for a scheme year in accordance with article 26 during the trading window following that scheme year.
(5) Where a CRTS participant or an SPV car manufacturer acquires a CRTS credit in accordance with articles 19 to 23, the administrator must update the registry accordingly.

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Source: https://www.legislation.gov.uk/ukdsi/2023/9780348252453/article/18 (the official version)
Page: https://openlegislation.uk/draft-vehicle-emissions-trading-schemes-order-2023/article-18
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

