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Registration and accounts
Besides specific accounts for the Republic of Austria in its function as Party to the Kyoto Protocol, there are three types of accounts:
Operator holding account
Every operator of an installation that is obliged to participate in emissions trading according to the Austrian Act on Emissions Allowance Trading (Emissionszertifikategesetz - EZG) has to open an operator holding account in the registry. In order to do so, the operator has to submit the relevant application form to ECRA within 14 working days of receipt of the permit to emit greenhouse gases. Operator accounts have the account ID 120.
The registry administrator transfers the number of allowances determined in the National Allocation Plan (NAP) to the operator holding account. In addition, all transfers can be carried out using this account. At the same time, operators of installations have the possibility to perform transactions via a separate trading account, which is a person holding account.
Aircraft operator holding account
All aircraft operators with Austria as their administrative Member State are obliged to open an aircraft operator account in the Austrian part of the Union registry. Aircraft operators need an account in order to receive any free allowances, trade allowances and surrender them for their compliance. The list of all aircraft operators that have been assigned to Austria can be found at www.emissionstrading-aviation.at.
The forms for opening an aircraft operator account have to be filled out online in the Union Registry from 30 January 2012 onwards. In addition, for the full activation of the account the account holder has to provide the Registry Service Office with a number of supporting documents.
Person holding account
Every natural person or legal entity may open a person holding account by submitting the relevant application form to ECRA. This means that also persons who are not obliged by law to open an emissions trading account have the right to do so. Person holding accounts have the account ID 121.
Operators of installations, allowance traders and stock exchanges often use person holding accounts as trading accounts to transfer allowances.
