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The possibility for freezing allowances and accounts – important change to the registry system - Page 3
Friday, 24 June 2011 06:00

 

Suspension of processes


Legal basis:


the legal basis for such a measure is Article 73 of the Proposal.


Premises and the entity entitled to take the measure and a procedure:


According to the Proposal the Commission may instruct the Central Administrator to temporarily suspend the acceptance by the EUTL of some or all processes originating from the Union Registry if it is not operated and maintained in accordance with the provisions of the Registry Regulation. It shall immediately notify national administrators concerned.

 

The Central Administrator may also temporarily suspend the initiation or acceptance of some or all processes in the Union Registry for the purposes of carrying out scheduled or emergency maintenance on the Union Registry.

 

A national administrator may request the Commission to reinstate processes suspended if it considers that the outstanding issues that caused the suspension have been resolved. If this is the case, the Commission shall instruct the Central Administrator to reinstate those processes. It shall otherwise reject the request within a reasonable period and inform the national administrator without delay, stating its reasons and setting out criteria to be fulfilled for a subsequent request to be accepted.

 

Short summary


The absence of all these provisions was the significant shortcoming in the registry system regulations. The new measures offer administrators and authorities much more flexibility in reacting to various possible threats to emissions registry system, thus the integrity of the EUETS will be better safeguarded.

 

 



 

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