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Template:UKA Annex (d)(vi): Difference between revisions
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{{ukaprov|(d)(vi)}} '''{{ukaprov|Requirements under the | {{ukaprov|(d)(vi)}} '''{{ukaprov|Requirements under the UK ETS}}'''<br> | ||
Each party agrees with the other that, so long as either party has or may have any obligation under a {{ukaprov|UK Emissions Allowance Transaction}}, it shall: | Each party agrees with the other that, so long as either party has or may have any obligation under a {{ukaprov|UK Emissions Allowance Transaction}}, it shall: | ||
:(1) ensure that on a {{ukaprov|Delivery Date}} or {{ukaprov|Delayed Delivery Date}} ([[as the case may be]]) it has one or more {{ukaprov|UK ETS Account}}s (which must include, in the case of the {{ukaprov|Receiving Party}}, its {{ukaprov|Specified UK ETS Account}}) validly registered in accordance with {{ukaprov|Applicable Rules}}; and | :(1) ensure that on a {{ukaprov|Delivery Date}} or {{ukaprov|Delayed Delivery Date}} ([[as the case may be]]) it has one or more {{ukaprov|UK ETS Account}}s (which must include, in the case of the {{ukaprov|Receiving Party}}, its {{ukaprov|Specified UK ETS Account}}) validly registered in accordance with {{ukaprov|Applicable Rules}}; and | ||
:(2) conduct its affairs so as not to give any {{ukaprov|Relevant Authority}} cause to block, suspend, refuse, reject or cancel the transfer (whether in whole or in part) of {{ukaprov|Allowances}} requested to be made pursuant to any {{ukaprov|UK Emissions Allowance Transaction}}. <br> | :(2) conduct its affairs so as not to give any {{ukaprov|Relevant Authority}} cause to block, suspend, refuse, reject or cancel the transfer (whether in whole or in part) of {{ukaprov|Allowances}} requested to be made pursuant to any {{ukaprov|UK Emissions Allowance Transaction}}. <br> | ||