Heavy-duty Vehicle and Engine Greenhouse Gas Emission Regulations

Marginal note:Use of credits — time limitations

• 44 (1) For the purposes of section 45, credits obtained by a company for an averaging set of heavy-duty vehicles or heavy-duty engines of a given model year may be used only in respect of the same averaging set of heavy-duty vehicles or heavy-duty engines of

  • (a) a model year that is up to three model years before the model year for which the credits are obtained; or

  • (b) a model year that is up to five model years after the model year for which the credits are obtained.

• Marginal note:Election — subsection 26(1.2)

  (2) Paragraph (1)(b) does not apply in the case of vocational vehicles in respect of which a company has made the election referred to in subsection 26(1.2).

• Marginal note:Exception — heavy-duty vehicles

  (3) Despite paragraph (1)(b), credits obtained by a company for an averaging set of vocational vehicles that are light heavy-duty vehicles or medium heavy-duty vehicles of the 2018 to 2021 model years may be used only in respect of the same averaging set of heavy-duty vehicles of any subsequent model year, ending with the 2027 model year.

• Marginal note:Exception — heavy-duty engines

  (4) Despite paragraph (1)(b), credits obtained by a company for an averaging set of medium heavy-duty engines or heavy heavy-duty engines of the 2018 to 2024 model years may be used only in respect of the same averaging set of heavy-duty engines of any subsequent model year, ending with the 2030 model year.