Template:Nutshell EUA Annex (d)(xii): Difference between revisions
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Amwelladmin (talk | contribs) Created page with "{{euaprov|(d)(xii)}} '''{{euaprov|Specified Holding Accounts and Modifications of Party’s Specified Holding Accounts}}''': :(1) '''{{euaprov|Receiving Party}}''': ::(A) must..." |
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{{euaprov|(d)(xii)}} '''{{euaprov|Specified Holding Accounts and Modifications of Party’s Specified Holding Accounts}}''': | {{euaprov|(d)(xii)}} '''{{euaprov|Specified Holding Accounts and Modifications of Party’s Specified Holding Accounts}}''': | ||
:(1) '''{{euaprov|Receiving Party}}''': | :(1) '''{{euaprov|Receiving Party}}''': | ||
::(A) must specify at least one [[Requirements under the Scheme - Emissions Annex Provision|validly registered]] {{euaprov|Holding Account}} in the Annex or in the {{isdaprov|Confirmation}}; and | ::(A) must specify at least one [[Requirements under the Scheme - Emissions Annex Provision|validly registered]] {{euaprov|Holding Account}} is specified as a {{euaprov|Specified Holding Account}} in the {{euaprov|Annex}} or in the {{isdaprov|Confirmation}}; and | ||
::(B) may, for any {{euaprov|Transaction}}: | ::(B) may, for any {{euaprov|Transaction}}: | ||
:::(a) amend the order of its {{euaprov|Specified Holding Account}}s | :::(a) amend the order of its {{euaprov|Specified Holding Account}}s | ||
| Line 8: | Line 8: | ||
::As long as it notifies {{euaprov|Delivering Party}} in writing at least thirty (30) calendar days before the next {{euaprov|Delivery Date}} and provided that {{euaprov|Delivering Party}} consents in writing to any amendment or removal within five (5) {{euaprov|Delivery Business Day}}s of such notice. | ::As long as it notifies {{euaprov|Delivering Party}} in writing at least thirty (30) calendar days before the next {{euaprov|Delivery Date}} and provided that {{euaprov|Delivering Party}} consents in writing to any amendment or removal within five (5) {{euaprov|Delivery Business Day}}s of such notice. | ||
:(2) '''{{euaprov|Delivering Party}}''' may: | :(2) '''{{euaprov|Delivering Party}}''' may: | ||
::(A) specify at least one [[Requirements under the Scheme - Emissions Annex Provision|validly registered]] {{euaprov|Holding Account}} | ::(A) specify at least one [[Requirements under the Scheme - Emissions Annex Provision|validly registered]] {{euaprov|Holding Account}} as a {{euaprov|Specified Holding Account}} in the {{euaprov|Annex}} or the {{euaprov|Confirmation}}; and | ||
::(B) add new {{euaprov|Specified Holding Account}}s | ::(B) add new {{euaprov|Specified Holding Account}}s by giving written notice to {{euaprov|Receiving Party}} at least ten {{euaprov|Delivery Business Day}}s before the next {{euaprov|Delivery Date}}. <br> | ||
Latest revision as of 09:19, 19 July 2022
(d)(xii) Specified Holding Accounts and Modifications of Party’s Specified Holding Accounts:
- (1) Receiving Party:
- (A) must specify at least one validly registered Holding Account is specified as a Specified Holding Account in the Annex or in the Confirmation; and
- (B) may, for any Transaction:
- (a) amend the order of its Specified Holding Accounts
- (b) add new Specified Holding Accounts, or
- (c) remove a Specified Holding Account
- As long as it notifies Delivering Party in writing at least thirty (30) calendar days before the next Delivery Date and provided that Delivering Party consents in writing to any amendment or removal within five (5) Delivery Business Days of such notice.
- (2) Delivering Party may:
- (A) specify at least one validly registered Holding Account as a Specified Holding Account in the Annex or the Confirmation; and
- (B) add new Specified Holding Accounts by giving written notice to Receiving Party at least ten Delivery Business Days before the next Delivery Date.