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Article 7 Undertakings with the same beneficial owner(s)

United Kingdom

Original text. Later amendments are not shown.

1.

For the purpose of quota allocation for placing hydrofluorocarbons on the market pursuant to Article 16(5) of Regulation (EU) No 517/2014, all undertakings with the same beneficial owner(s) shall be considered as one single declarant in accordance with Article 16(2) and (4) of the Regulation. That single declarant shall be the undertaking that was registered first or, where appropriate, another registered undertaking indicated by the beneficial owner. For the purpose of recalculating reference values pursuant with Article 16(3) of Regulation (EU) No 517/2014, all undertakings with the same beneficial owner(s) shall be considered as one single importer or producer. That single importer or producer shall be the undertaking that was registered first or, where appropriate, another registered undertaking indicated by the beneficial owner.

2.

For undertakings where paragraph 1 applies for two declaration periods, the F1appropriate regulator shall cancel the registration of the undertakings with the same beneficial owner(s) except for the undertaking that was registered first or, where appropriate, another registered undertaking indicated by the beneficial owner, unless there are other pending obligations in accordance with Regulation (EU) No 517/2014 that require registration to the registry.

Annotations

Textual amendments

F1

Words in Art. 7(2) substituted (25.5.2021) by The Fluorinated Greenhouse Gases (Amendment) (EU Exit) Regulations 2021 (S.I. 2021/543), regs. 1(1), 3(7)