Paragraph 25 Existing manufacturer which met 2021 target
Paragraph 26 applies for the purpose of calculating the baseline for a VCTS participant—
(a)
which had a 2021 individual specific emissions target; and
(b)
in relation to which no excess emissions premium was imposed for 2021 on—
(i)
the manufacturer; or
(ii)
the pool manager for a pool of which the manufacturer was a member for 2021.