Statutory Instruments
2017 No. 211
Climate Change
Emissions Trading
The CRC Energy Efficiency Scheme (Allocation of Allowances for Payment) (Amendment) Regulations 2017
Made
27th February 2017
Laid before the House of Commons
28th February 2017
Coming into force
31st March 2017
The Treasury make the following Regulations in exercise of the powers conferred by section 21(1) and (2) of the Finance Act 2008( 1 ).
Citation and commencement
1. These Regulations may be cited as the CRC Energy Efficiency Scheme (Allocation of Allowances for Payment) (Amendment) Regulations 2017 and come into force on 31st March 2017.
Amendments to the CRC Energy Efficiency Scheme (Allocation of Allowances for Payment) Regulations 2013
2. —(1) The CRC Energy Efficiency Scheme (Allocation of Allowances for Payment) Regulations 2013( 2 ) are amended as follows.
(2) In regulation 3—
(a) after the word year, insert “until 2018”;
(b) Before paragraph (2) insert—
“ (1A) In 2019, there is no forecast application period, forecast payment period or forecast allocation period but there will be a compliance application period, compliance payment period and compliance allocation period as set out in the table in paragraph (1). ” .
(3) In regulation 7—
(a) in paragraph (1)(c) and (d) for “any other year”, substitute “2016”.
(b) After paragraph (1)(d) insert—
“ (e) in a forecast application period in 2017 is £16.60;
(f) in a compliance application period in 2017 is £17.20;
(g) in a forecast application period in 2018 is £17.20;
(h) in a compliance application period in 2018 is £17.70;
(g) in the compliance application period in 2019 is £18.30. ” .
(c) In paragraph (2)(c) for “any other year”, substitute “2016.”
(d) After paragraph 2(c) insert—
“ (d) in relation to 2017 is £17.20;
(e) in relation to 2018 is £17.70;
(f) in relation to 2019 is £18.30. ” .
Robert Syms
David Evennett
Two of the Lords Commissioners of Her Majesty’s Treasury
27th February 2017
2008 c.9 .
S.I. 2013/3103 . Regulation 7 has been amended by S.I 2014/495 and S.I. 2014/3262 .