What will happen to an air operator who does not submit their monitoring plan on time?
That is an interesting question. If it’s specific to Bulgaria the decision will be down to the regulators and competent authority within Bulgaria. But I know that within the UK they are stating fines that will be required for operators that have not submitted their monitoring plans on time. I think the most important issue is that if a TKM monitoring plan is not submitted and is not approved, then that operator will not get any free allowance and will have to buy its entire requirement at approximately 14 euro’s per tonne. I think because the requirements have been brought out very late and operators are rapidly trying to get up to speed with the requirements, that a number of the regulators will bend over backwards and will allow you some lateness in your submissions. But again that does depend and will vary from regulator to regulator and I suggest that they get in touch with their competent authority as soon as possible and try and commence that process.
