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Output-Based Pricing System Regulations

Version of section 50 from 2022-01-01 to 2024-04-01:


Marginal note:Conflict of interest

  •  (1) The person responsible for a covered facility must ensure that no real or potential conflict of interest exists between the person and the accredited verification body, including members of the verification team and any individual or corporate entity associated with the verification body, that is a threat to or compromises the verification body’s impartiality that cannot be effectively managed.

  • Marginal note:Consecutive verifications

    (2) The person responsible must not have their annual report verified by a verification body that has verified six consecutive annual reports prepared under these Regulations with respect to the same covered facility, unless three years have elapsed since the last of those reports was verified. However, a corrected report may be verified by the verification body within those three years if it is in relation to an annual report verified by that verification body.

  • Marginal note:Maximum number of verifications

    (3) The person responsible for a covered facility must not have more than a total of six of its annual reports prepared under these Regulations for the same covered facility verified by the same verification body within a period of nine years.

  • SOR/2021-197, s. 20

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