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# CLIMATE CHANGE 

# 2021 No. 513 

The Recognised Auction Platforms and Greenhouse Gas Emissions Trading Scheme Auctioning (Amendment) Regulations 2021 

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The Treasury, in exercise of the powers conferred by section 96 of the Finance Act 2020( a ), makes the following Regulations. 

## Citation, commencement and extent 

1. —(1) These Regulations may be cited as the Recognised Auction Platforms and Greenhouse Gas Emissions Trading Scheme Auctioning (Amendment) Regulations 2021. 

(2) They come into force on 19th May 2021. 

(3) They extend to the whole of the United Kingdom. 

## Amendments to the Recognised Auction Platforms Regulations 2011 

2. —(1) Regulation 20 of the Recognised Auction Platforms Regulations 2011( b ) is amended as follows. 

(2) In paragraph (4)— 

(a) in sub-paragraph (a), omit “established in the United Kingdom”; 

(b) after sub-paragraph (a), insert— 

“(aa) investment firms which— 

(i) satisfy the condition in sub-paragraph (a)(i); and 

(ii) are authorised under Directive 2014/65/EU of the European Parliament and of the Council on markets in financial instruments( c ) as amended from time to time;”; 

(c) in sub-paragraph (b), omit “established in the United Kingdom”; 

