119Duration of certificate

#### 119 Duration of certificate 119 Duration of certificate > > (1) A certificate remains in force from the date on which the certificate is active until the end of the period of 3 years from the beginning of the compliance period during which the peak demand reduction capacity is made available, unless sooner cancelled. > > > (2) A certificate may be cancelled by the Scheme Administrator— > > > > > (a) if the person registered as the owner of the certificate is a scheme participant who elects to surrender the certificate for the purposes of meeting its individual certificate target or remedying a carried forward shortfall, and the Scheme Regulator accepts the surrender of the certificate, or > > > > > (b) if the person registered as the owner of the certificate, by written notice, surrenders the certificate to the Scheme Administrator, and the Scheme Administrator accepts the surrender of the certificate, or > > > > > (c) in other circumstances authorised by this Part. > > > (3) The Scheme Administrator must cancel a certificate that is surrendered by the owner of the certificate if the owner is surrendering the certificate for the purposes of compliance with an order made by the Scheme Administrator requiring the person to surrender a certificate. > > > (4) The Scheme Administrator cancels a certificate by altering the entry relating to the certificate in the register of certificates to show that the certificate is cancelled.