1. This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.

2. Articles 4, 5, 6 and 7 and Article 8(1), (2) and (3) shall apply:

(a) in respect of the environmental objectives referred to in points (a) and (b) of Article 9 from 1 January 2022; and

(b) in respect of the environmental objectives referred to in points (c) to (f) of Article 9 from 1 January 2023.

3. Article 4 shall not apply to certificate-based tax incentive schemes that exist prior to the entry into force of this Regulation and that set out requirements for financial products that aim to finance sustainable projects.