{
  "url": "https://openlegislation.uk/vehicle-emissions-trading-schemes-order-2023/article-23B",
  "json_url": "https://openlegislation.uk/vehicle-emissions-trading-schemes-order-2023/article-23B.json",
  "legislation": "uksi/2023/1394",
  "legislation_title": "The Vehicle Emissions Trading Schemes Order 2023",
  "legislation_url": "https://openlegislation.uk/vehicle-emissions-trading-schemes-order-2023",
  "path": "article/23B",
  "kind": "article",
  "number": "23B",
  "heading": "CRTS credits: conversion of VRTS credits by a CRTS participant which is also an SPV van manufacturer",
  "text": "(1) During a trading window, a CRTS participant which is also an SPV van manufacturer may acquire two CRTS credits in exchange for one VRTS credit by making a request to the administrator.\n(2) A request under paragraph (1)—\n(a) must be made during the trading window following the scheme year for which the participant intends to surrender the CRTS credits to which the request relates; and\n(b) may be for the exchange of a part of a VRTS credit but may not be for the exchange of a part which is smaller than one tenth of a VRTS credit.\n(3) A CRTS credit acquired in accordance with this article may not be traded under article 25.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Art. 23B inserted (1.1.2026) by The Vehicle Emissions Trading Schemes (Amendment) (No. 2) Order 2025 (S.I. 2025/1101), arts. 1(1), 10"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2023/1394/article/23B",
    "retrieved_at": "2026-10-28T21:36:47.782670+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}