(1) Schedule 2 is amended as follows.

Paragraph 3 amended (meaning of regulated activity, etc.)

(2) In paragraph 3 -

(a) in sub-paragraph (1) -

(i) in the words before paragraph (a) after "means" insert "any of the following";

(ii) in paragraph (a) omit the "and" at the end of the paragraph;

(iii) after paragraph (b) insert -

"(c) where the activity set out in column 1 of the first row of table C (combustion of fuels, etc.) is carried out on an upstream site, upstream GHG removal on or after the relevant date in any stationary technical unit on the site that results in emissions of carbon dioxide.";

(b) after sub-paragraph (6) insert -

"(6A) In this paragraph -

"relevant date" means 1st January 2025 or, if the Greenhouse Gas Emissions Trading Scheme (Amendment) (No. 2) Order 2024 is made on or after 16th November 2024, the first day of the fourth month after the month in which that Order is made;

"upstream GHG removal" means the removal of constituent greenhouse gases from petroleum (whether by a chemical or physical process);

"upstream site" means the site of -