Paragraph 25 Existing manufacturer which met 2021 targetI1

United Kingdom

Paragraph 26 applies for the purpose of calculating the baseline for a VCTS participant—

(a)

which had a 2021 individual specific emissions target; and

(b)

in relation to which no excess emissions premium was imposed for 2021 on—

(i)

the manufacturer; or

(ii)

the pool manager for a pool of which the manufacturer was a member for 2021.

Annotations