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Renewable Fuels Regulations

Version of section 31 from 2011-06-29 to 2013-10-24:


Marginal note:Compliance unit account book

  •  (1) For the trading period in respect of each compliance period, a participant must, in a compliance unit account book, make a record of the gasoline compliance units and of the distillate compliance units, as the case may be, that they

    • (a) created during, carried forward or carried back into, or carried forward or carried back from, the compliance period;

    • (b) transferred in trade, received in trade or cancelled during the trading period in respect of the compliance period; or

    • (c) for distillate compliance units, used to establish compliance with subsection 5(1) for a gasoline compliance period because they were assigned, under subsection 7(3), as the value for DtGDG in subsection 8(1).

  • Marginal note:Information

    (2) The participant must, in the compliance unit account book for each month of the trading period in respect of a compliance period, make a record of the month and year and — in respect of any compliance units created during, carried forward or carried back into, or carried forward or carried back from, the compliance period — a record of

    • (a) for each blending facility at which the participant created compliance units, the number of compliance units created as a result of the blending of renewable fuel with liquid petroleum fuel;

    • (b) for each province via which the participant imported liquid petroleum fuel with renewable fuel content, the number of compliance units they created as a result of that importation;

    • (c) for each production facility, the number of compliance units that the participant created as a result of the production of liquid petroleum fuel from biocrude used as feedstock;

    • (d) the number of compliance units that the participant created under section 16 in respect of neat renewable fuel;

    • (e) for each other participant from whom the participant received in trade compliance units, the number of compliance units so received;

    • (f) for each primary supplier to whom the participant transferred in trade compliance units, the number of compliance units so transferred;

    • (g) the number of compliance units that the participant carried forward under sections 21 to 23;

    • (h) the number of compliance units that the participant carried back under subsection 24(1);

    • (i) the number of compliance units that the participant cancelled under subsection 25(1);

    • (j) for each province via which exportation occurred, the number of compliance units that the participant cancelled under subsection 25(2);

    • (k) the number of their compliance units cancelled under subsection 25(3);

    • (l) the number of their compliance units cancelled under subsection 25(4);

    • (l.1) the number of their compliance units cancelled under subsection 25(5);

    • (l.2) the number of their compliance units cancelled under subsection 25(6);

    • (m) in the case of an elective participant who ends their participation in the trading system, the number of compliance units cancelled on the date on which they ended their participation;

    • (n) in the case of a primary supplier, the number they assigned, if any, under subsection 7(3), as the value for DtGDG in subsection 8(1); and

    • (o) the date on which the record was made.

  • Marginal note:When record made

    (3) The record must be made within 15 days after the end of the month for which the information is required to be recorded.

  • Marginal note:Cumulative information

    (4) In addition, the record must, for each period that begins on the first day of the compliance period and ends at the end of the month in respect of which the information is required to be recorded, include

    • (a) the number of compliance units referred to in each of paragraphs (2)(a) to (n);

    • (b) the number of compliance units that the participant created, carried forward, carried back, transferred in trade, received in trade or cancelled, as the case may be; and

    • (c) the balance of the participant’s compliance units.

  • Marginal note:Format

    (5) The compliance unit account book must be in the form and format specified by the Minister. However, if no form and format is so specified, it may be in any form and format.

  • SOR/2011-143, s. 12

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