Fuel Charge Regulations

Marginal note:Amount of charge — adjustment day

16 For the purposes of the fuel charge system and of applying subsection 38(1) of the Act in respect of fuel that is a qualifying power plant fuel and that is held at the beginning of an adjustment day in a listed province by a person that is a remote power plant operator, the formula in that subsection and the descriptions in that formula are adapted as follows:

(A − B) × (C − D)

where

A

is the quantity of the fuel;

B

is the quantity of the fuel that was delivered to the person by a registered distributor in respect of that type of fuel and in respect of which an exemption certificate applies in respect of the delivery in accordance with section 36;

C

is the rate in respect of fuel of that type for the listed province applicable on the adjustment day; and

D

is

• (a) zero, if

  • (i) the adjustment day is commencement day,

  • (ii) the adjustment day is July 1, 2019 and the listed province is Yukon or Nunavut,

  • (iii) the adjustment day is January 1, 2020 and the listed province is Alberta, or

  • (iv) the adjustment day is July 1, 2023 and the listed province is Nova Scotia, New Brunswick, Prince Edward Island or Newfoundland and Labrador, and

• (b) the rate in respect of fuel of that type for the listed province applicable on the day before the adjustment day, in any other case.