# The Greenhouse Gas Emissions Trading Scheme (Withdrawal Agreement) (EU Exit) Regulations 2020, Regulation 19: Failure to transfer or surrender allowances where underreporting discovered after transfer


After regulation 53 insert—
“Failure to transfer or surrender allowances where underreporting discovered after transfer
53A. (1) A person is liable to a civil penalty where the person fails—
(a) to effect a transfer (or to effect a transfer on time) of allowances, contrary to regulation 12A(3) (transfer of permits: underreporting discovered after transfer);
(b) to surrender (or to surrender on time) allowances, contrary to regulation 12A(4).
(2) The civil penalty is the sterling equivalent of 20 Euros for each allowance that the person failed to transfer or surrender.”.

---
Source: https://www.legislation.gov.uk/uksi/2020/1369/regulation/19 (the official version)
Page: https://openlegislation.uk/greenhouse-gas-emissions-trading-scheme-withdrawal-agreement-eu-exit-regulations-2020/regulation-19
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.