Regulation 29 Transfer of the auctioned allowancesI1

Allowances auctioned by the auction platform must be transferred by the F1UK ETS authority prior to the opening of a bidding window, into a nominated holding account, to be held in escrow by the clearing system or settlement system acting as custodian, until delivery of the allowances to successful bidders or their successors in title, pursuant to the results of the auction F2....