Greenhouse Gas Pollution Pricing Act

Marginal note:Rebate — net fuel quantity

• 46 (1) If a net fuel quantity, determined under any of sections 28 to 32, of a person for a reporting period, for a type of fuel and for a listed province is a negative amount, the Minister must pay to the person a rebate in respect of that net fuel quantity, the listed province and the reporting period.

• Marginal note:Amount of rebate

  (2) The amount of a rebate payable under subsection (1) is equal to the amount determined by the formula

  A × B

  where

  A

  is the net fuel quantity referred to in that subsection; and

  B

  is the rate in respect of fuel of that type for the listed province applicable on the last day of the reporting period referred to in that subsection.

• Marginal note:Amount of rebate — regulations

  (3) Despite subsection (2), if prescribed circumstances exist or prescribed conditions are met, the amount of a rebate payable under this section is equal to the amount determined in prescribed manner.