# The Greenhouse Gas Emissions Trading Scheme Order 2020, Article 18: Allowances

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

(1) The UK ETS authority may create allowances in the registry for the purposes of the UK ETS.
(2) An allowance is an allowance to emit 1 tonne of carbon dioxide equivalent.
(3) Allowances may be held only in accounts in the registry.

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Source: https://www.legislation.gov.uk/uksi/2020/1265/article/18 (the official version)
Page: https://openlegislation.uk/greenhouse-gas-emissions-trading-scheme-order-2020/article-18
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.