Article 46 Article 24 amended (renunciation of free allocation of allowances)I1

Article 24 is amended as follows.

For paragraph 2 substitute—

“2.

Where an installation is an FA installation for the 2026 and 2027-2030 allocation periods, the operator of the installation may by giving notice (a “renunciation notice”) to the regulator on or after 1st January 2027 renounce free allocation in respect of the remaining scheme years of the 2027-2030 allocation period beginning with the scheme year after the year in which the notice is given.”.