Directive 2003/87/EC of the European Parliament and of the Council establishing a scheme for greenhouse gas emission allowance trading within the Community is implemented in the United Kingdom by the Greenhouse Gas Emissions Trading Scheme Regulations 2012.
Regulation 2(2) amends regulation 42A(2) of the 2012 Regulations, changing the date when aircraft operators must surrender sufficient allowances to cover their annual reportable emissions for the 2018 scheme year to 26th March 2019.
Regulation 2(3) amends regulation 54(7)(b) of the 2012 Regulations, changing the date from which a penalty is payable for the 2018 scheme year where an aircraft operator or installation has annual reportable emissions which are not included in the verified emissions report and where there is a failure to surrender sufficient allowances in relation to those unreported emissions. In such cases, the date is changed to 26th March 2019.
In the case of installations, the relevant surrender requirements are set out as conditions of the permit. Regulation 2(4) amends Schedule 4 to the 2012 Regulations to change the date when operators of installations are required to surrender sufficient allowances to cover their annual reportable emissions for the 2018 scheme year to 26th March 2019.