Output-Based Pricing System Regulations

Marginal note:Compensation information

58 A person that is responsible for a covered facility must, at the time compensation is provided, submit to the Minister the following information:

• (a) the covered facility certificate number;

• (b) the provision of the Act under which the compensation is being provided;

• (c) the compliance period for which compensation is being provided;

• (d) the quantity of GHGs emitted in excess of the emissions limit in respect of which the compensation is provided, expressed in CO₂e tonnes;

• (e) the details of any excess emissions charge payment, including

  • (i) the amount in dollars paid to the Receiver General for Canada,

  • (ii) the applicable rate, and

  • (iii) the date of payment;

• (f) the details of any surplus credits or offset credits remitted, including, for each type of credit,

  • (i) the number remitted,

  • (ii) the date of the remittance transaction,

  • (iii) the remittance transaction number,

  • (iv) the serial numbers, and

  • (v) the date or dates on which they were issued; and

• (g) the details of any units or credits, recognized as compliance units, remitted, including

  • (i) the number remitted,

  • (ii) the province or program authority referred to in subsection 78(1) that issued the units or credits,

  • (iii) the date of their retirement or the date they are designated for use exclusively as a compliance unit for the purposes of remittance to the Minister under section 174, paragraph 178(1)(a) or subsection 181(2) of the Act, as the case may be,

  • (iv) the serial numbers assigned to them by the province or program authority referred to in subsection 78(1),

  • (v) the start date of the offset project for which the unit or credit was issued,

  • (vi) the year in which the GHG reduction or removal occurred for which the unit or credit was issued,

  • (vii) the offset protocol applicable to the project for which the unit or credit was issued, including the version number and publication date, and

  • (viii) the name of the accredited verification body that verified the units or credits.