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P-30.01, r. 0.1 - Regulation respecting the integration of low‑carbon‑intensity fuel content into gasoline and diesel fuel
Section 9
Disposition versions
9. A distributor that has established credits for a given calendar year may, between 1 January and 31 March of the following calendar year, sell the credits to another distributor.
The percentage by volume of low-carbon-intensity fuel content integrated into the total volume of gasoline or diesel fuel that a distributor distributes or uses during a calendar year is adjusted on the basis of the credits purchased or sold.
No person may sell credits that have not been established in accordance with section 8.
If a distributor sells or purchases credits that have not been established in accordance with section 8, the volume of low‑carbon‑intensity fuel content is reduced, in the case of a sale, or increased, in the case of a purchase, in proportion to the value of the credits.
In force: 2021-12-30
9. A distributor that has established credits for a given calendar year may, between 1 January and 31 March of the following calendar year, sell the credits to another distributor.
The percentage by volume of low-carbon-intensity fuel content integrated into the total volume of gasoline or diesel fuel that a distributor distributes or uses during a calendar year is adjusted on the basis of the credits purchased or sold.
No person may sell credits that have not been established in accordance with section 8.
If a distributor sells or purchases credits that have not been established in accordance with section 8, the volume of low‑carbon‑intensity fuel content is reduced, in the case of a sale, or increased, in the case of a purchase, in proportion to the value of the credits.
