Retained EU Law 2019 United Kingdom

Commission Delegated Regulation (EU) 2019/1122 of 12 March 2019 supplementing Directive 2003/87/EC of the European Parliament and of the Council as regards the functioning of the Union Registry (Text with EEA relevance)

At a glance

What's here

13 compliance obligations

Who this Act binds

Plus 1 non-business duty on Crown ministers, regulators, local authorities or tribunals — shown collapsed under each section below.

What this Act requires

Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.

uri:annex/vii/division/2

uri:annex/vii/division/2

  • Ensure aircraft operator name matches Monitoring Plan in Union Registry
s.art010

The administering of accounts

Other duties (1) — Crown / regulator
  • Regulator must administer Union Registry accounts and process requests Statutory regulator
s.art014

Opening operator holding accounts in the Union Registry

  • Request opening of operator holding account in Union Registry
s.art015

Opening aircraft operator holding accounts in the Union Registry

  • Open an aircraft operator holding account in the Union Registry within 20 working days of monitoring plan approval
s.art022

Updating of account information and information on authorised representatives

  • Keep your emissions trading account information up to date
s.art023

Trusted account list

  • Manage changes to trusted account list using two‑authorised‑representative procedure
s.art031

Verified emissions data for an installation or aircraft operator

  • Submit verified emissions data and appoint a verifier if required by national law
s.art035

Execution of transfers

  • Use out-of-band confirmation and dual approval for all registry transfers
s.art054

Auctioning of allowances

  • Account holders must transfer auctioned allowances to successful bidders
s.art055

Transfers of allowances

  • Only transfer allowances to accounts on your trusted account list
s.art056

Surrender of allowances

  • Surrender emissions allowances to cover verified emissions
s.art063

Accessing accounts in the Union Registry

  • Account representatives must suspend access if credentials are compromised
s.art064

Authentication and authorisation in the Union Registry

  • Safeguard your Union Registry credentials and report compromise immediately
Browse 106 other sections — procedural / definitional / commencement
uri:annex/iv/division/6

uri:annex/iv/division/6

uri:annex/vi/division/5

uri:annex/vi/division/5

uri:annex/vii/division/5

uri:annex/vii/division/5

s.annex v para.1

A document proving that the verifier requesting registration is accredited...

s.annex xii para.1

Row No Information on the auction platform 1 Identification code...

s.annex xi para.1

Row No Quantity of aviation allowances allocated free of charge...

s.annex xi para.2

Rows No 2 to 13 shall be repeated for each...

s.annex x para.1

Row No Quantity of general allowances allocated free of charge...

s.annex x para.2

Rows No 2 to 13 shall be repeated for each...

s.art001

Subject matter

s.art002

Scope

s.art003

Definitions

s.art004

Union Registry

s.art005

European Union Transaction Log

s.art006

Communication links between registries and the EUTL

s.art007

National administrators

s.art008

Accounts

s.art009

Account status

s.art011

Notifications from the central administrator

s.art012

Opening accounts administered by the central administrator

s.art013

Opening an auction collateral delivery account in the Union Registry

s.art016

Opening trading accounts in the Union Registry

s.art017

Opening national holding accounts in the Union Registry

s.art018

Registering verifiers in the Union Registry

s.art019

Refusal to open an account or register a verifier

s.art020

Authorised representatives

s.art021

Nominating and approval of authorised representatives

s.art024

Closure of accounts

s.art025

Closure of operator holding accounts

s.art026

Closure of aircraft operator holding accounts

s.art027

Removing verifiers

s.art027

Closure of the ESR Compliance Account

s.art028

Closure of accounts and removal of authorised representatives on the administrator's initiative

s.art029

Positive balance on accounts under closure

s.art030

Suspension of access to accounts

s.art032

Blocking of accounts due to a failure to submit verified emissions

s.art033

Calculation of compliance status figures

s.art034

Only transactions expressly provided for in this Regulation for each...

s.art036

Nature of allowances and finality of transactions

s.art037

Creation of allowances

s.art038

Transfer of general allowances to be auctioned

s.art039

Transfer of general allowances to be allocated free of charge

s.art040

Transfer of aviation allowances to be auctioned

s.art041

Transfer of aviation allowances to be allocated free of charge

s.art042

Transfer of aviation allowances to the special reserve

s.art043

Transfer of general allowances to the EU Total Quantity-Account

s.art044

Transfer of aviation allowances to the EU Aviation Total Quantity Account

s.art045

Deletion of aviation allowances

s.art046

Entry of national allocation tables into the Union Registry

s.art047

Changes to the national allocation tables

s.art048

Free allocation of general allowances

s.art049

Changes to the national aviation allocation tables

s.art050

Free allocation of aviation allowances

s.art051

Return of aviation allowances

s.art052

Entry of auction tables into the EUTL

s.art053

Changes to the auction tables

s.art057

Deletion of allowances

s.art058

Reversal of finalised processes initiated in error

s.art059

Implementation of linking arrangements

s.art059

Creation of AEAs

s.art059

Annual emission allocation units

s.art059

Transfer of AEAs to each ESR Compliance Account

s.art059

Introduction of the relevant greenhouse gas emissions data

s.art059

Calculation of the balance of the ESR Compliance Account

s.art059

Determination of the compliance status figures

s.art059

Application of Article 9(1)(a) and (b) of Regulation (EU) 2018/842

s.art059

Use of flexibility laid down in Article 6 of Regulation (EU) 2018/842

s.art059

Borrowing of AEAs

s.art059

Banking of AEAs

s.art059

Use of Land Mitigation Units

s.art059

Ex ante transfers of a Member State's annual emission allocation

s.art059

Transfers after the calculation of the balance of the ESR Compliance Account

s.art059

Safety Reserve

s.art059

First round of distribution of the Safety Reserve

s.art059

Second round of distribution of the Safety Reserve

s.art059

Adjustments

s.art059

Transfers of previously banked AEAs

s.art059

Execution and reversal of transfers

s.art060

Availability and reliability of the Union Registry and the EUTL

s.art061

Helpdesks

s.art062

Authentication of the Union Registry

s.art065

Suspension of all access due to a security breach or a security risk

s.art066

Suspension of access to allowances in the case of a suspected fraudulent transaction

s.art067

Cooperation with relevant competent authorities and notification of money laundering, terrorist financing or criminal activity

s.art068

Suspension of processes

s.art069

Suspension of linking agreements

s.art070

Automated checking of processes

s.art071

Detection of discrepancies

s.art072

Detection of discrepancies within the Union Registry

s.art073

Reconciliation — detection of inconsistencies by the EUTL

s.art074

Finalisation of processes

s.art075

Data exchange and technical specifications

s.art076

Change and release management

s.art077

Processing of information and personal data

s.art078

Records

s.art079

Reporting and availability of information

s.art080

Confidentiality

s.art081

Fees

s.art082

Interruption of operation

s.art083

Implementation

s.art084

Further use of accounts

s.art085

Use restrictions

s.art086

Provision of new account information

s.art087

Amendments to Regulation (EU) No 389/2013

s.art088

Repeal

s.art089

Entry into force and application

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