Template:Nutshell EUA Annex Compliance Periods

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(a) Scope
This Annex applies to Transactions (each a “Transaction”) that are identified as EU Emissions Allowance Transactions where the Fourth Compliance Period is the “Specified Compliance Period”.

Specified Compliance Period means the compliance period specified in the Confirmation.

Third Compliance Period means the period set out in Article 16 of the Directive running from 1 January 2013 to 31 December 2020.

Fourth Compliance Period means the period running from 1 January 2021 to 31 December 2030.

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