Article 19 Cap for trading periodI1
United Kingdom
The number of allowances created in the trading period may not exceed the sum of—
(a)
F1633,116,297 multiplied by the 2021-2025 hospital and small emitter reduction factor; and
(b)
F2312,248,470 multiplied by the 2026-2030 hospital and small emitter reduction factor.
Annotations
Textual amendments
- F1
Sum in art. 19(a) substituted (19.12.2024) by The Greenhouse Gas Emissions Trading Scheme (Amendment) (No. 2) Order 2024 (S.I. 2024/1366), arts. 2(1)(c), 6(2)
- F2
Sum in art. 19(b) substituted (1.7.2026) by The Greenhouse Gas Emissions Trading Scheme (Amendment) (Extension to Maritime Activities) Order 2026 (S.I. 2026/392), art. 1(1), Sch. 2 para. 6(2)
Commencement
- I1
Art. 19 in force at 12.11.2020, see art. 2(1)