Kyoto units definition
Examples of Kyoto units in a sentence
Confidentiality and disclosure of information Information, including the holdings of all accounts, all transactions made, the unique unit identification code of the allowances and the unique numeric value of the unit serial number of the Kyoto units held or affected by a transaction, held in the EUTL or the SSTL, the Union Registry, the Swiss registry and any other Kyoto Protocol registry shall be considered confidential.
The refusal shall be justified on at least one of the following grounds: — the information and documents provided are incomplete, out-of-date or otherwise inaccurate, or false — the prospective representative is under investigation or has been convicted in the preceding five years for fraud involving allowances or Kyoto units, money laundering, terrorist financing or other serious crimes for which the account may be an instrument — grounds set out in national or Union law.
If the Holder has not responded to the request within 40 days, CDC shall transfer the allowances and Kyoto units to a national holding account.
If there is a positive balance of allowances or Kyoto units in a Holder’s Account, CDC shall, prior to closing the Account, notify the Holder, by registered letter with return receipt requested, and request it to specify another Account to which the Allowances or Kyoto Units will be transferred.