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Article 28 Amendment of article 58 (trading VRTS credits: SPV van manufacturers)

Original text. Later amendments are not shown.

(1)

Article 58 is amended as follows.

(2)

In the heading, after “Trading VRTS credits” insert “with VRTS participants”.

(3)

In paragraph (1), after “article 53 or 54” insert “with a VRTS participant”.

(4)

For paragraph (2) substitute—

“(2)

An SPV car manufacturer may only trade a VRTS credit under this article during the trading window following the scheme year for which the VRTS credit was acquired by the SPV van manufacturer.”.

(5)

In paragraph (3), for “paragraph (2)” substitute “this article”.