First introduced in 2003, the Landfill Allowance Trading Scheme (LATS) was developed to help England achieve its Landfill Directive targets. Each waste disposal authority (WDA) is allocated a landfill allowance (a specified tonnage of waste it is permitted to send to landfill) for the year and it then has a number of options on how to use that allowance: keep it, trade the allowance with another WDA, borrow up to five percent of its future allocation in advance or bank the allowance for future years.
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