Output-Based Pricing System Regulations

Marginal note:Regular-rate compensation deadline

• 69 (1) With respect to revised compensation, the regular rate referred to in subsection 174(3) of the Act applies for a period of 45 days after the day on which the corrected report must be submitted.

• Marginal note:Increased-rate compensation deadline

  (2) If compensation is not provided in full by the deadline set out in subsection (1), the increased rate referred to in subsection 174(4) of the Act applies for a period of 60 days after that deadline.

• Marginal note:Other compensation deadlines

  (3) If a corrected report is submitted to the Minister in respect of a compliance period for which the regular-rate compensation deadline set out in subsection 57(1) or (1.1) has not expired, the compensation deadline in respect of that compliance period is the later of

  • (a) the compensation deadlines set out in subsection 57(1), (1.1), (2) or (2.1), as the case may be, and

  • (b) the compensation deadlines under subsection (1) or (2), as the case may be.