(6) Where a Member State is seriously disadvantaged by a specific and exceptional situation, including accounting inconsistencies in matching the implementation of Union legislation with the rules agreed under the Kyoto Protocol, without prejudice to the fulfilment of the Member State's obligations under Decision No 406/2009/EC, the Commission should, subject to the availability of units at the end of the second commitment period of the Kyoto Protocol, adopt measures to address that situation, by means of a transfer of certified emission reductions (CERs), emission reduction units (ERUs) or assigned amount units (AAUs) held in the Union ...[+++]registry to the registry of that Member State.

Other units that are also treated as captive financial institutions are units with the characteristics of SPEs as described above including investment and pension funds and units used for holding and managing wealth for individuals or families, issuing debt securities on behalf of related companies (such a company may be called a conduit), and to carry out other financial functions.

Other units that are also treated as captive financial institutions are units with the characteristics of SPEs as described above including investment and pension funds and units used for holding and managing wealth for individuals or families, holding assets for securitisation, issuing debt securities on behalf of related companies (such a company may be called a conduit), securitisation vehicles and to carry out other financial functions.

temporary CERs (tCERs) or long-term CERs (lCERs) from afforestation and reforestation projects provided that, where a Member State has used tCERs or lCERs towards its commitments under Council Decision 2002/358/EC for the period from 2008 to 2012, the Member State commits to the continuing replacement of those credits by tCERs, lCERs or other units valid under the Kyoto Protocol before the expiry date of the tCERs or lCERs, and the Member State also commits to the continuing replacement of tCERs or lCERs used under this Decision with tCERs, lCERs or other units usable towards those commitments before the expiry date of the tCERs or lCERs ...[+++].

The Council is very aware of the possible difficulties described by the Member in her question stemming from the commitment of Lithuania, under the Act of Accession of 2003, to close by 31 December 2009 at the latest Unit 2 (the last unit in operation) of the Ignalina nuclear power station and then dismantle that unit.

The Council is very aware of the possible difficulties described by the Member in her question stemming from the commitment of Lithuania, under the Act of Accession of 2003, to close by 31 December 2009 at the latest Unit 2 (the last unit in operation) of the Ignalina nuclear power station and then dismantle that unit.