Chapter 3 The Non-Zero-Emission Van Registration Trading Scheme (VRTS)

1. 41Interpretation of Chapter 3
2. 42Activity to which the VRTS applies and unit of measurement of activity
3. 43Participants in the VRTS
4. 44VRTS allowances and limits on VRTS allowances and VRTS activity
5. 45Allocation of VRTS allowances
6. 46Banking VRTS allowances
7. 47Borrowing VRTS allowances
8. 48Banked allowances: pool VRTS participants
9. 49Borrowed allowances: pool VRTS participants
10. 50VRTS credits: general
11. 51VRTS credits: registration of ZE SPVs (VRTS participants)
12. 52VRTS credits: car clubs (VRTS participants)
13. 53VRTS credits: registration of ZE SPVs (SPV van manufacturers)
14. 54VRTS credits: car clubs (SPV van manufacturers)
15. 55VRTS credits: conversion of unused VCTS allowances
16. 56Measuring activity in the VRTS
17. 57Trading VRTS allowances and credits: VRTS participants
18. 58Trading VRTS credits: SPV van manufacturers
19. 59Accounting for activity in the VRTS
20. 60Payments: VRTS
21. 61Banked or borrowed VRTS allowances of former VRTS participants
22. 62Expiry of VRTS allowances and VRTS credits