Renewable Fuels Regulations
Marginal note:Carry back
25 (1) For each compliance unit that a primary supplier carried back into a compliance period, the primary supplier must, before the end of the trading period in respect of the compliance period, cancel from their compliance units that remain after that carrying back
(a) two gasoline compliance units for each gasoline compliance unit carried back; and
(b) two distillate compliance units for each distillate compliance unit carried back.
Marginal note:Exports
(2) For each litre of renewable fuel in a batch of liquid petroleum fuel exported by a participant, or by one of their affiliates who is not a participant, during a compliance period, the participant must, before the end of the trading period in respect of the compliance period, cancel compliance units that were created during, or carried forward or carried back into, the compliance period as follows:
(a) one distillate compliance unit, if the liquid petroleum fuel was diesel fuel or heating distillate oil; and
(b) one gasoline compliance unit or one distillate compliance unit, in any other case.
Marginal note:Excess compliance units
(3) If, at the end of a month, a primary supplier owns a number of compliance units in respect of a compliance period in excess of the maximum permitted under section 19 for the month, that number of their compliance units in respect of the compliance period is cancelled at the end of the next month.
Marginal note:Unused compliance units
(4) At the end of the trading period in respect of a compliance period, a compliance unit in respect of the compliance period that is neither used nor carried forward is cancelled.
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