# Commission Delegated Regulation (EU) 2019/1122 of 12 March 2019 supplementing Directive 2003/87/EC of the European Parliament and of the Council as regards the functioning of the Union Registry (Text with EEA relevance), Article 3: Definitions

Extent: E+W+S+N.I.

For the purposes of this Regulation, the definitions in Article 3 of Regulation (EU) No 1031/2010 and in Article 3 of Commission Delegated Regulation (EU) 2019/331 shall apply. The following definitions shall also apply:
(1) ‘central administrator’ means the person designated by the Commission pursuant to Article 20 of Directive 2003/87/EC;
(2) ‘national administrator’ means the entity responsible for administering on behalf of a Member State a set of user accounts under the jurisdiction of a Member State in the Union Registry, designated in accordance with Article 7;
(3) ‘account holder’ means a natural or legal person that holds an account in the Union Registry;
(4) ‘account information’ means all information necessary to open an account or register a verifier, including all information on representatives assigned to them;
(5) ‘competent authority’ means the authority or authorities designated by a Member State pursuant to Article 18 of Directive 2003/87/EC;
(6) ‘verifier’ means a verifier as defined in Article 3(3) of Commission Implementing Regulation (EU) 2018/2067;
(7) ‘aviation allowances’ means allowances created pursuant to Article 3c(2) of Directive 2003/87/EC, including allowances, created for the same purpose, stemming from emission trading systems that are linked to the EU ETS under Article 25 of that Directive;
(8) ‘general allowances’ means all other allowances created pursuant to Directive 2003/87/EC, including allowances stemming from emission trading systems that are linked with the EU ETS pursuant to Article 25 of that Directive;
(9) ‘process’ means an automated technical means to carry out an action relating to an account or a unit in the Union Registry;
(10) ‘execution’ means the finalisation of a process proposed for execution that may result in completion if all conditions are fulfilled or in termination;
(11) ‘working day’ means any day of the year from Monday to Friday;
(12) ‘ transaction ’ means a process in the Union Registry that involves the transfer of an allowance or an annual emission allocation unit from one account to another account;
(13) ‘surrender’ means the accounting of an allowance by an operator or aircraft operator against the verified emissions of its installation or aircraft;
(14) ‘deletion’ means the definitive disposal of an allowance by its holder without accounting it against verified emissions;
(15) ‘money laundering’ means money laundering as defined in Article 1(3) of Directive (EU) 2015/849;
(16) ‘serious crime’ means serious crime as defined in Article 3(4) of Directive (EU) 2015/849;
(17) ‘terrorist financing’ means terrorist financing as defined in Article 1(5) of Directive (EU) 2015/849;
(18) ‘directors’ means the persons discharging managerial responsibilities as defined in Article 3(1) point (25) of Regulation (EU) No 596/2014;
(19) ‘parent undertaking’ means parent undertaking as defined in Article 2(9) of Directive 2013/34/EU of the European Parliament and of the Council;
(20) ‘subsidiary undertaking’ means subsidiary undertaking as defined in Article 2(10) of Directive 2013/34/EU;
(21) ‘group’ means group as defined in Article 2(11) of Directive 2013/34/EU;
(22) ‘central counterparty’ means central counterparty as defined in Article 2(1) of Regulation (EU) No 648/2012 of the European Parliament and of the Council;
(23) ‘ ESR compliance period ’ means the period from 1 January 2021 to 31 December 2030 during which the Member States are to limit their greenhouse gas emissions pursuant to Regulation (EU) 2018/842;
(24) ‘ annual emission allocation unit ’ means a subdivision of a Member State's annual emission allocation determined pursuant to Article 4(3) and Article 10 of Regulation (EU) 2018/842 equal to 1 tonne of carbon dioxide equivalent.

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Source: https://www.legislation.gov.uk/eur/2019/1122/article/3 (the official version)
Page: https://openlegislation.uk/eu-regulation-2019-1122/article-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.