Article 34 Article 2 amended (definitions)I1
United Kingdom
Article 2 is amended as follows.
In paragraph 1—
in point (1) (definition of “incumbent installation”) for “2026-2030” substitute “2027-2030”;
in point (14)(b) (definition of “baseline period”) for “2026-2030” substitute “2027-2030”;
after point (25) insert—
“(26)“first stage” and “second stage”, in relation to an application under Article 4 for free allocation in the 2027-2030 allocation period, must be construed in accordance with that Article.”.
After paragraph 3 insert—
“4.References in this Regulation to benchmarks for an allocation period are references to the benchmarks for the allocation period set out in Annex 8; but if no benchmarks for the 2027-2030 allocation period are set out in Annex 8 before the regulator is required to calculate the preliminary annual number of allowances to be allocated for scheme years in that period, the benchmarks for the 2021-2025 allocation period and the 2026 allocation period are to be used for the calculation.”.