S.L. 643.3 Art. 24BOffsetting requirements for aircraft operators.

(1) In accordance with the methodology set out in relevant decisions or regulations adopted by the Commission in accordance with Directive 2003/87/EC, the Authority shall calculate the offsetting requirements for aircraft operators that fulfil the conditions set out in paragraph (aa) of regulation 3, performing aviation activities listed in Schedule 1A, each year, for the preceding calendar year in respect of flights to, from and between States that are listed in relevant decisions and regulations adopted by the Commission in accordance with Article 25a(3) of Directive 2003/87/ EC, and in respect of flights between Switzerland or the United Kingdom and States that are listed in relevant decisions and regulations adopted by the Commission in accordance with Article 25a(3) of Directive 2003/87/EC. The Authority shall, by 30 November each year inform the aircraft operators of the calculated offsetting requirements.

(2) In accordance with the methodology set out in relevant decisions or regulations as adopted by the Commission in accordance with Directive 2003/87/EC, the Authority shall also calculate the total final offsetting requirements for aircraft operators that fulfil the conditions set out in paragraph (aa) of regulation 3, performing aviation activities listed in Schedule 1A, for a given CORSIA compliance period and, by 30 November of the year following the last year of the relevant CORSIA compliance period, inform those aircraft operators of the calculated total final offsetting requirements.

(3) An aircraft operator that fulfils the conditions set out in paragraph (aa) of regulation 3 shall cancel units referred to in regulation 24C only in respect of the quantity notified by the Authority to that aircraft operator in respect of the relevant CORSIA compliance period in accordance with sub-regulation (2). The cancellation shall st take place by 31 January 2025 for emissions in the period 2021 to st 2023 and by 31 January 2028 for emissions in the period 2024 to 2026.