# Finance Act 2026, Section 156: Power to make provision for linked emissions trading schemes

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

(1) The Treasury may by regulations amend this Part for the purpose of—
(a) excluding emissions embodied in goods that originate from a country or territory with a linked emissions trading scheme from the charge to CBAM;
(b) providing that such goods are to be disregarded when calculating the aggregate value of imports for the purposes of Part 2 of Schedule 2 (registration).
(2) In this section, “a country or territory with a linked emissions trading scheme” means—
(a) a country or territory that has entered into arrangements with the United Kingdom for the purpose of linking its emissions trading scheme with the UK Emissions Trading Scheme, or
(b) a country or territory that has entered into arrangements with a country or territory of a kind referred to in paragraph (a) for the purpose of linking its emissions trading scheme with that country or territory’s emissions trading scheme.

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Source: https://www.legislation.gov.uk/ukpga/2026/11/section/156 (the official version)
Page: https://openlegislation.uk/finance-act-2026/section-156
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.