Regulation 12 Cost containment mechanism
(1) Where paragraph (3) applies, the Treasury may authorise one or more of the following measures -
(a) changing the distribution of allowances to be auctioned at auctions within a calendar year;
(b) increasing the volume of allowances to be auctioned in a calendar year -
(i) by bringing forward part of the volume of allowances to be auctioned in a subsequent calendar year;
(ii) by the release for auction of up to 25% of the allowances held in the new entrants’ reserve provided for in article 34G of the Trading Scheme Order;
(iii) by the release for auction of allowances from the market stability mechanism account held by the UK ETS authority.
(iv) [deleted];
(v) by the release for auction of allowances from the flexible reserve provided for in article 23A of the Trading Scheme Order.