Article 18 CRTS credits: generalI1

A CRTS participant may acquire a CRTS credit in accordance with articles 19, 20 F1, 23 to 23B, 57A and 58A.

Where F2it acquires a CRTS credit for a scheme year, a CRTS participant may—

An SPV car manufacturer may acquire a CRTS credit in accordance with article 21 or 22.

An SPV car manufacturer may trade a credit acquired for a scheme year in accordance with article 26 F4or 26A during the trading window following that scheme year.

Where a CRTS participant or an SPV car manufacturer acquires a CRTS credit in accordance with articles 19 to F523B, the administrator must update the registry accordingly F6(see also the requirement for the administrator to update the registry in articles 57A(7) and 58A(8)).