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Home Resources Legal Updates July 2021

The Greenhouse Gas Emissions Trading Scheme Auctioning (Amendment) Regulations 2021

19 July 2021

Amends/Commences: The Greenhouse Gas Emissions Trading Scheme Auctioning Regulations 2021 (SI 2021/484) 

Comes into force: 19th May 2021
 
Jurisdiction: UK
 
The Greenhouse Gas Emissions Trading Scheme Auctioning Regulations 2021 are amended to allow bidders acting on behalf of somebody else to be based outside of the United Kingdom. Calculations of the annual volume of allowance is also now a valid reason for the modification or adjustment of the auction calendar.
 
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