Renewable Fuels Regulations (SOR/2010-189)

Marginal note:Carry forward — primary suppliers (distillate)

• 22. (1) Before the end of the trading period in respect of a distillate compliance period, a primary supplier may carry forward their surplus distillate compliance units — up to a maximum of 0.004 multiplied by the number of litres in their distillate pool for that distillate compliance period — into the next distillate compliance period.

• Marginal note:Surplus distillate compliance units

  (2) The number of surplus distillate compliance units referred to in subsection (1) is the number that equals the number of litres determined according to the following formula:

  RF_D – (0.02 × P_D)

  where

  RF_D 

  is the volume, expressed in litres, that the primary supplier determined for RF_D in accordance with subsection 8(2) for that distillate compliance period; and

  P_D 

  is the number of litres in the primary supplier’s distillate pool for that distillate compliance period, as determined in accordance with section 6.

• (3) [Repealed, SOR/2011-143, s. 8]

Marginal note:Carry forward into first distillate compliance period

• 22.1 (1) On September 30, 2011, a primary supplier may carry forward into the first distillate compliance period distillate compliance units that they own that were created before July 1, 2011 and that have not been assigned, under subsection 7(3), as the value for DtG_DG in subsection 8(1). The number of distillate compliance units that may be so carried forward must not exceed 0.004 multiplied by the number of litres in the primary supplier’s distillate pool determined using the pre-distillate compliance period as if it were the distillate compliance period in question.

• Marginal note:Identification

  (2) A record referred to in section 31 or subsection 32(6) or a report referred to in section 33 or 39 that is related to the creation, transfer in trade, receipt in trade, carrying forward, cancellation, or assignment under subsection 7(3) as the value for DtG_DG in subsection 8(1), of distillate compliance units — in the period that begins on July 1, 2011 and that ends on September 30, 2011 — must identify the number of those distillate compliance units that were created

  • (a) in that period; and

  • (b) before July 1, 2011.

• Marginal note:Written statement

  (3) A participant who — in the period that begins on July 1, 2011 and that ends on September 30, 2011 — transfers in trade distillate compliance units must, on the transfer, provide to the primary supplier who receives in trade those distillate compliance units a written statement that indicates the number of those distillate compliance units that were created

  • (a) in that period; and

  • (b) before July 1, 2011.