Renewable Fuels Regulations

Marginal note:Carry forward — elective participants

23 An elective participant may, before the end of the trading period in respect of a compliance period, carry forward their compliance units — up to a maximum of the number of compliance units that they created during the compliance period — into the next compliance period. For greater certainty, no distillate compliance units may be carried forward by an elective participant into the first distillate compliance period or any gasoline compliance period that occurs before the first distillate compliance period.