The Vehicle Emissions Trading Schemes Order 2023
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
30 Expiry of CRTS allowances and CRTS credits
(1) The administrator must record in the registry the expiry of a CRTS allowance, including a CRTS allowance which has been traded in accordance with article 25, which is— (a) surrendered by a CRTS participant in accordance with article 27; (b) not surrendered by a CRTS participant for— (i) the scheme year for which it was allocated; (ii) any of the three subsequent scheme years; or (iii) a scheme year earlier than the scheme year for which it was due to be allocated, in accordance with article 15 (borrowing CRTS allowances); (c) not surrendered by a former CRTS participant in accordance with article 29(5)(a); ... (ca) converted into part of a VRTS credit pursuant to a trade under article 25A; (cb) converted into part of a VRTS credit in accordance with article 55A; or (d) converted into CCTS allowances in accordance with article 35. (2) The administrator must record in the registry the expiry of a CRTS credit, including a CRTS credit which has been traded in accordance with article 25 or 26, which is— (a) surrendered by a CRTS participant in accordance with article 27; ... (b) not surrendered by a CRTS participant for the scheme year for which the credit was acquired; (c) converted into part of a VRTS credit pursuant to a trade under article 26A; or (d) converted into part of a VRTS credit in accordance with article 55B.
30 Expiry of CRTS allowances and CRTS credits
(1) The administrator must record in the registry the expiry of a CRTS allowance, including a CRTS allowance which has been traded in accordance with article 25, which is— (a) surrendered by a CRTS participant in accordance with article 27; (b) not surrendered by a CRTS participant for— (i) the scheme year for which it was allocated; (ii) any of the three subsequent scheme years; or (iii) a scheme year earlier than the scheme year for which it was due to be allocated, in accordance with article 15 (borrowing CRTS allowances); (c) not surrendered by a former CRTS participant in accordance with article 29(5)(a); ... (ca) converted into part of a VRTS credit pursuant to a trade under article 25A; (cb) converted into part of a VRTS credit in accordance with article 55A; or (d) converted into CCTS allowances in accordance with article 35. (2) The administrator must record in the registry the expiry of a CRTS credit, including a CRTS credit which has been traded in accordance with article 25 or 26, which is— (a) surrendered by a CRTS participant in accordance with article 27; ... (b) not surrendered by a CRTS participant for the scheme year for which the credit was acquired; (c) converted into part of a VRTS credit pursuant to a trade under article 26A; or (d) converted into part of a VRTS credit in accordance with article 55B.
One line that says what changes, such as "Halve the dog tax".
Who it helps, what it costs, what it fixes. It is what persuades people to support it.
How this law is officially changed
Solon does not know this law's official route yet. The proposal is recorded all the same, and the route appears here once its source is added.
A proposal here is not law. Support on Solon is evidence that people want the change; the official route says what it takes to make it law.
Sign in to file your proposal. What you have written stays on this page.
Sign in to file itThink it through
Ask what your change would do, who would gain and who would bear a cost, and where something like it is already law. The assistant reads your draft as it stands, cites the law and the studies it finds, and takes no side. What you file stays yours.