S.L. 643.5 Art. 7Changesrelatingto regulated entities. 8 [S.L.

(1) A regulated entity to which a greenhouse gas emissions permit has been issued shall notify the Authority of:

(a) any change planned to the nature of its activity; or

(b) any change planned to the fuels it releases for consumption:

Provided that any such notification shall be made in writing at least one hundred and twenty (120) days before such a change is effectively to take place. TRADING SYSTEM FOR BUILDINGS, ROAD TRANSPORT 643.05 AND ADDITIONAL SECTORS

(2) The Authority shall, where appropriate, update the greenhouse gas emissions permit accordingly, within a period of ninety (90) days from the date on which the Authority receives a notification in accordance with sub-regulation (1), unless otherwise agreed in writing between the regulated entity and the Authority.

(3) Where there is a change in the identity of the regulated entity, the Authority shall update the permit to include the name and address of the new regulated entity:

Provided that the Authority shall be notified by the regulated entity, in writing, of the change in the identity of the regulated entity at least sixty (60) days before such a change is effectively to take place.

(4) A regulated entity that allows the coming into effect of changes listed under sub-regulation (1) without notifying the Authority of such changes in accordance with this regulation, shall be liable to the imposition of an administrative penalty of five thousand euro (€5,000).

(5) When a change in the name of the regulated entity comes into effect without such a change having been notified to the Authority in accordance with sub-regulation (3), the regulated entity shall be liable to the imposition of an administrative penalty of one thousand euro (€1,000).

(6) The Authority shall notify the national registry administrator of any changes made to a permit in accordance with this regulation. The national registry administrator shall ensure that any changes required are made to the account relating to the regulated entity for which the changes to the permit relate, so as to reflect such changes.