European Union Emission Trading System has been in operation since 2005 and to this point the legal nature of European Union Allowances is still controversial. Moreover, this question is complicated by fact, that a member state can not handle this problem, because it is acquis communautaire to solve it. The aim of this study is to explore the legal nature of allowance in Czech legal system, in merito, whether it is a security and/or a financial instrument. In conclusion, allowance is neither of those and its legal nature is still unclear, but also it does not really matter by now. Nevertheless, for the future smooth functioning of the EU ETS it is necessary that European Commission pursues this subject.
| Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:16055 |
| Date | January 2009 |
| Creators | Tůma, Jan |
| Contributors | Kříž, Radim, Chára, Petr |
| Publisher | Vysoká škola ekonomická v Praze |
| Source Sets | Czech ETDs |
| Language | Czech |
| Detected Language | English |
| Type | info:eu-repo/semantics/masterThesis |
| Rights | info:eu-repo/semantics/restrictedAccess |
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