Holding Account - IETA Provision
IETA Emissions Trading Master Agreement A Jolly Contrarian owner’s manual™
Holding Account in all its glory
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Overview
Compare with ISDA’s Holding Account, and the Specified Holding Account, out of and into which ones (d)(i)(2) delivery obligations are limited. The IETA Master Agreement does not have the distinction between specified and not specified accounts.
Summary
The place from where you deliver Allowances, or receive them. See Clause 5.1 for the mechanics of who must do what.
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- The JC’s famous Nutshell™ summary of this clause
See also
- Primary Obligation, especially on the weird limitation in Clause 5.1(c)