OpenLegislation

Chapter 3 The Non-Zero-Emission Van Registration Trading Scheme (VRTS)

United Kingdom

  1. 41Interpretation of Chapter 3
  2. 42Activity to which the VRTS applies and unit of measurement of activity
  3. 43Participants in the VRTS
  4. 44VRTS allowances and limits on VRTS allowances and VRTS activity
  5. 45Allocation of VRTS allowances
  6. 46Banking VRTS allowances
  7. 47Borrowing VRTS allowances
  8. 48Banked allowances: pool VRTS participants
  9. 49Borrowed allowances: pool VRTS participants
  10. 50VRTS credits: general
  11. 51VRTS credits: registration of ZE SPVs (VRTS participants)
  12. 52VRTS credits: car clubs (VRTS participants)
  13. 53VRTS credits: registration of ZE SPVs (SPV van manufacturers)
  14. 54VRTS credits: car clubs (SPV van manufacturers)
  15. 55VRTS credits: conversion of unused VCTS allowances
  16. 55AVRTS credits: conversion of unused CRTS allowances by a VRTS participant which is also a CRTS participant
  17. 55BVRTS credits: conversion of CRTS credits by a VRTS participant which is also an SPV car manufacturer
  18. 56Measuring activity in the VRTS
  19. 57Trading VRTS allowances and credits: VRTS participants
  20. 57ATrading VRTS allowances with CRTS participants
  21. 58Trading VRTS credits with VRTS participants: SPV van manufacturers
  22. 58ATrading VRTS credits with CRTS participants: SPV van manufacturers
  23. 59Accounting for activity in the VRTS
  24. 60Payments: VRTS
  25. 61Banked or borrowed VRTS allowances of former VRTS participants
  26. 62Expiry of VRTS allowances and VRTS credits