The secretariat of the Joint Customs Consultative Committee has released the following message:
Today (11 Feburary), the government has published the draft secondary legislation for technical consultation, alongside supporting notices which have force of law. This technical consultation seeks to ensure that the primary legislation delivers the policy correctly and effectively. It is not a further consultation on the policy design.
The consultation will be open for six weeks and invites views from interested parties, including importers and their agents, other businesses, individuals, tax advisors, trade and professional bodies and other interested parties, including those overseas.
You can access the draft secondary legislation here.
Feedback on the draft secondary legislation should be emailed to cbampolicyteam@hmrc.gov.uk by 11:59pm on 24 March, using the subject line ‘CBAM technical consultation response’ and clearly referencing the relevant parts of the legislation.
In addition to the draft secondary legislation and notices, the government has also published a CBAM Policy Summary which provides an overview of CBAM as set out in the primary and draft secondary legislation in order to provide clarity for businesses who will be impacted.
You can access the CBAM Policy Summary here.
We are grateful for the engagement received to date and are committed to working closely with all interested stakeholders as we progress towards implementation from 1 January. If you would like to learn more about UK CBAM, you can register for one of the livestream sessions below.
These sessions will be delivered by UK CBAM policy officials and will provide an opportunity for Q&A.
- 'Carbon Border Adjustment Mechanism (CBAM): Draft secondary legislation overview', on 3 March, 9am-10.30am
- Carbon Border Adjustment Mechanism (CBAM): Draft secondary legislation overview', on 3 March, 3pm-4.30pm
- Carbon Border Adjustment Mechanism (CBAM): Draft secondary legislation overview – Carbon Price Relief (CPR) deep dive, on 5 March, 9am-10.30am
- Carbon Border Adjustment Mechanism (CBAM): Draft secondary legislation overview – Carbon Price Relief (CPR) deep dive, on 5 March, 3pm-4.30pm
CBAM will also be addressed in an upcoming instalment of our Lunchtime Learning webinar series on 26 March, which members can sign up for here.
