Article 50 VRTS credits: generalI1

A VRTS participant may acquire a VRTS credit in accordance with articles F125A, 26A, 51, 52 and 55 to 55B.

Where it acquires a VRTS credit for a scheme year, a VRTS participant may—

An SPV van manufacturer may acquire a VRTS credit in accordance with article 53 or 54.

An SPV van manufacturer may trade a credit acquired for a scheme year in accordance with article 58 F3or 58A during the trading window following that scheme year.

Where a VRTS participant or an SPV van manufacturer acquires a VRTS credit in accordance with articles 51 to F455B, the administrator must update the registry accordingly F5(see also the requirement for the administrator to update the registry in articles 25A(7) and 26A(8)).