Paragraph 28 Closure of aircraft operator holding accountsF1
This paragraph applies where—
the regulator is satisfied under article 34P that a person has ceased to perform aviation activity and there is no realistic prospect that the person will resume aviation activity;
the person has complied with the requirements of article 34(1) or the regulator considers that there is no reasonable prospect of the requirements being complied with; and
where relevant, any notice given under article 34V (return of allowances: notice to operator, etc.) F2, or any deficit notice given under article 44A, to the person has been complied with or the regulator considers that there is no reasonable prospect of the notice being complied with.
The regulator must instruct the registry administrator to close the aircraft operator holding account.
The registry administrator must give notice to the person as soon as reasonably practicable after the account is closed.
Annotations
Textual amendments
- F1
Sch. 5A inserted (31.12.2020) by The Greenhouse Gas Emissions Trading Scheme (Amendment) Order 2020 (S.I. 2020/1557), arts. 2(1), 37
- F2
Words in Sch. 5A para. 28(1)(c) inserted (1.1.2025) by The Greenhouse Gas Emissions Trading Scheme (Amendment) (No. 2) Order 2024 (S.I. 2024/1366), arts. 2(2)(b), 31(4)