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Version status: Repealed | Document consolidation status: Updated to reflect all known changes
Version date: 21 December 2023 - onwards
  Version 5 of 5    

Article 6 Submission and withdrawal of bids

Repealed from 21 December 2023

1. The minimum volume bid for shall be one lot.

One lot auctioned by an auction platform appointed pursuant to Article 26(1) or Article 30(1) shall be 500 allowances.

2. Each bid shall state the following:

(a) the identity of the bidder and whether the bidder is bidding on its own account or on behalf of a client;

(b) where the bidder is bidding on behalf of a client, the identity of the client;

(c) the volume bid as a number of allowances in integral multiples of lots of 500 allowances;

(d) the price bid in euros for each allowance specified to two decimal points.

3. Each bid may only be submitted, modified or withdrawn during a given bidding window.

Bids submitted may be modified or withdrawn by a given deadline before the close of the bidding window. Such deadline shall be set by the auction platform concerned and published on that auction platform's website at least five trading days prior to the opening of the bidding window.

Only a natural person established in the Union app

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