Time allocation
Article 43d
1. When determining the time allocation for a verification engagement referred to in Article 43c(1), point (f), the verifier shall at least take into account: (a) the complexity of the regulated entity; (b) the level of information and the complexity of the monitoring plan approved by the competent authority; (c) the required materiality level; (d) the complexity and completeness of the data flow activities and the control system of the regulated entity; (e) the location of information and data related to greenhouse gas emissions. 2. The verifier shall ensure that the verification contract provides for the possibility for time to be charged in addition to the time agreed in the contract, where such additional time is found to be needed for the strategic analysis, risk analysis or other verification activities. The situations where the additional time may be needed shall include at least the following: (a) during the verification where the data flow activities, control activities or logistics of the regulated entity seem to be more complex than initially anticipated; (b) where misstatements, non-conformities, insufficient data or errors in the data sets are identified by the verifier during the verification. 3. The verifier shall record the time allocated in the internal verification documentation.