Clean Fuel Regulations (SOR/2022-140)

Marginal note:Creation of provisional compliance credits

• 23 (1) Any compliance credit created under subsection 19(1) or section 20 is considered to be a provisional compliance credit at the time that it is created.

• Marginal note:No use of provisional credit

  (2) A primary supplier must not use a provisional compliance credit to satisfy a total reduction requirement or to comply with any of the volumetric requirements set out in subsections 6(1) and 7(1) and must not transfer a provisional compliance credit under the compliance-credit transfer system.

• Marginal note:Single use for creation of provisional credits

  (3) A quantity of a fuel or an energy source that has been used by a person to create provisional compliance credits under subsection 94(1), 95(1), 96(1), 98(1), 99(1), 100(1), 101(1), 102(1) or 104(1) must not be used by another person to create compliance credits under the same subsection, and any quantity that is used more than once under the same subsection is deemed not to create any provisional compliance credits.

• Marginal note:Loss of provisional status

  (4) A provisional compliance credit that is the subject of a credit-creation report submitted under section 120 or 121 ceases to be provisional when the Minister deposits it into a compliance-credit account under subsection 24(1) or (2).

• Marginal note:Ownership of provisional credits

  (5) On creation, a provisional compliance credit is owned by the registered creator who created it.

• Marginal note:Single owner

  (6) At any given time, a provisional compliance credit may only have a single owner.