Volatile Organic Compound Concentration Limits for Certain Products Regulations (SOR/2021-268)

Marginal note:Purpose of compliance unit trading system

7 A person that manufactures or imports a product that belongs to a product category set out in column 1 of the table to Schedule 1 may elect to participate in a compliance unit trading system that allows participants to do one or more of the following:

• (a) generate compliance units in accordance with section 11 in respect of all of the reformulated products for which they have elected to participate in the compliance unit trading system;

• (b) transfer unused compliance units to another person in accordance with section 12; or

• (c) use compliance units that are generated by them or transferred to them to compensate for the excess quantity of VOCs determined in accordance with paragraph 13(d) in respect of a product.