Article 23 Article 26 amended (cessation of operations of an installation)

Article 26 is amended as follows.

For paragraph 2 substitute—

“2.

No allowances may be allocated in respect of the installation for the first non-entitled scheme year and all subsequent scheme years; and in this paragraph the “first non-entitled scheme year” means the earlier of:

(a)

the scheme year after the year in which the installation ceased operation; and

(b)

where paragraph 1(b) applies, the scheme year after the year in which the surrender or revocation of the permit takes effect.”.