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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.)
- Recitals
TITLE I — GENERAL PROVISIONS- CHAPTER 1 — Subject matter, scope and definitions
- CHAPTER 2 — The registries system
- CHAPTER 3 — Accounts
- Section 1 — General provisions applicable to all accounts
- Section 2 — Opening and updating accounts
- Article 12 — Opening accounts administered by the central administrator
- Article 13 — Opening an auction collateral delivery account in the Union Registry
- Article 14 — Opening operator holding accounts in the Union Registry
- Article 15 — Opening aircraft operator holding accounts in the Union Registry
- Article 16 — Opening trading accounts in the Union Registry
- Article 17 — Opening national holding accounts in the Union Registry
- Article 18 — Registering verifiers in the Union Registry
- Article 19 — Refusal to open an account or register a verifier
- Article 20 — Authorised representatives
- Article 21 — Nominating and approval of authorised representatives
- Article 22 — Updating of account information and information on authorised representatives
- Article 23 — Trusted account list
- Section 3 — Closure of accounts
- Article 24 — Closure of accounts
- Article 25 — Closure of operator holding accounts
- Article 26 — Closure of aircraft operator holding accounts
- Article 27 — Removing verifiers
- Article 27a — Closure of the ESR Compliance Account
- Article 28 — Closure of accounts and removal of authorised representatives on the administrator's initiative
- Article 29 — Positive balance on accounts under closure
- Section 4 — Suspension of access to accounts
- TITLE II — SPECIFIC PROVISIONS FOR THE UNION REGISTRY FOR THE UNION EMISSIONS TRADING SYSTEM
- CHAPTER 1 — Verified emissions and compliance
- CHAPTER 2 — Transactions
- Section 1 — General
- Section 2 — Creation of allowances
- Section 3 — Account transfers before auctions and allocation
- Article 38 — Transfer of general allowances to be auctioned
- Article 39 — Transfer of general allowances to be allocated free of charge
- Article 40 — Transfer of aviation allowances to be auctioned
- Article 41 — Transfer of aviation allowances to be allocated free of charge
- Article 42 — Transfer of aviation allowances to the special reserve
- Article 43 — Transfer of general allowances to the EU Total Quantity-Account
- Article 44 — Transfer of aviation allowances to the EU Aviation Total Quantity Account
- Article 45 — Deletion of aviation allowances
- Section 4 — Allocation to stationary installations
- Section 5 — Allocation to aircraft operators
- Section 6 — Auction
- Section 7 — Trading
- Section 8 — Surrender of allowances
- Section 9 — Deletion of allowances
- Section 10 — Transaction reversal
- CHAPTER 3 — Links with other greenhouse gas emission trading systems
- TITLE IIA — SPECIFIC PROVISIONS FOR ACCOUNTING TRANSACTIONS UNDER REGULATIONS (EU) 2018/842 AND (EU) 2018/841
- CHAPTER 1 — Transactions under Regulation (EU) 2018/842
- Article 59a — Creation of AEAs
- Article 59b — Annual emission allocation units
- Article 59c — Transfer of AEAs to each ESR Compliance Account
- Article 59d — Introduction of the relevant greenhouse gas emissions data
- Article 59e — Calculation of the balance of the ESR Compliance Account
- Article 59f — Determination of the compliance status figures
- Article 59g — Application of Article 9(1)(a) and (b) of Regulation (EU) 2018/842
- Article 59h — Use of flexibility laid down in Article 6 of Regulation (EU) 2018/842
- Article 59i — Borrowing of AEAs
- Article 59j — Banking of AEAs
- Article 59k — Use of Land Mitigation Units
- Article 59l — Ex ante transfers of a Member State's annual emission allocation
- Article 59m — Transfers after the calculation of the balance of the ESR Compliance Account
- Article 59n — Safety Reserve
- Article 59o — First round of distribution of the Safety Reserve
- Article 59p — Second round of distribution of the Safety Reserve
- Article 59q — Adjustments
- Article 59r — Transfers of previously banked AEAs
- Article 59s — Execution and reversal of transfers
- TITLE III — COMMON TECHNICAL PROVISIONS
- CHAPTER 1 — Technical requirements of the Union Registry and the EUTL
- Section 1 — Availability
- Section 2 — Security and authentication
- Article 62 — Authentication of the Union Registry
- Article 63 — Accessing accounts in the Union Registry
- Article 64 — Authentication and authorisation in the Union Registry
- Article 65 — Suspension of all access due to a security breach or a security risk
- Article 66 — Suspension of access to allowances in the case of a suspected fraudulent transaction
- Article 67 — Cooperation with relevant competent authorities and notification of money laundering, terrorist financing or criminal activity
- Article 68 — Suspension of processes
- Article 69 — Suspension of linking agreements
- Section 3 — Automated checking, recording and completing of processes
- Section 4 — Specifications and change management
- CHAPTER 2 — Records, reports, confidentiality and fees
- TITLE IV — TRANSITIONAL AND FINAL PROVISIONS
- Final
- ANNEX I
- ANNEX II — Terms and conditions
- ANNEX III — Information to be submitted with requests for opening an account
- ANNEX IV — Information to be provided for opening an auction delivery account or a trading account
- ANNEX V — Additional information to be provided for registering verifiers
- ANNEX VI — Information to be provided for opening an operator holding account
- ANNEX VII — Information to be provided for opening an aircraft operator holding account
- ANNEX VIII — Information concerning authorised representatives to be provided to the administrator of the account
- ANNEX IX — Formats for submitting annual emissions data
- ANNEX X — National allocation table
- ANNEX XI — National aviation allocation table
- ANNEX XII — Auction table
- ANNEX XIII — Reporting requirements of the central administrator