What changed
The text no longer requires consulting the Committee of the Regions. #1 It changes the dates for when allowances held in the market stability reserve above certain thresholds cease to be valid. #2
2 changes of substance. Each change below carries a one-line ✦ note from the same model. Written from the two texts only — read the highlighted passages before relying on it.
The changes to the text itself, in document order. Cover page, citations (“having regard to …”), standard resolution paragraphs and punctuation-only edits are left out — they are in “Show every difference”.
Change #1 Substance
Drops the requirement to consult the Committee of the Regions.
– after consulting the Committee of the Regions,
Change #2 Substance
Extends the period during which allowances above 400 million in the reserve cease to be valid from 28 February 2027 to 31 January 2027, and moves the start of the 650 million threshold from 1 March 2027 to 1 February 2027.
Article 1 – paragraph 1 a (new), Article 1 – paragraph 5a:5 Ina: Article 1 a (new) / "In Article 1 of Decision (EU) 2015/1814, paragraph 5a is replaced by the following: / ‘5a. Unless otherwise decided in the first review carried out in accordance with Article 3, from 2023 until 2831 FebruaryJanuary 2027,2027 allowances held in the reserve above 400 million allowances shall no longer be valid. / From 1 MarchFebruary 2027, allowances held in the reserve above 650 million allowances shall no longer be valid.’valid.’"