Q-2, r. 46.1 - Regulation respecting a cap-and-trade system for greenhouse gas emission allowances

Section 70.7 Disposition versions

2021-07-15

70.7. If a partner entity cancels offset credits that were used by a promoter to replace illegitimate offset credits in accordance with section 70.5, the Minister notifies the promoter, who must, within 3 months after receiving the notice, place in its general account one emission allowance for each cancelled offset credit that must be replaced. Such emission allowances are placed in the Minister’s invalidation account to be extinguished and the cancelled offset credits are surrendered to the partner entity.

No offset credit may be issued for a project for which illegitimate offset credits have been replaced in accordance with section 70.5 to a promoter who has not replaced the offset credits within the time prescribed in the first paragraph of this section.

O.C. 1184-2012, s. 45; O.C. 902-2014, s. 44; O.C. 1125-2017, s. 40; O.C. 824-2021, s. 4.

2017-11-29

70.7. A promoter may carry out an aggregation of the projects of the same type on several sites for various members of the aggregation when each project meets the conditions of sections 70.2 and 70.3 and of the protocol applicable to the project.

The application for registration referred to in the first paragraph of section 70.5 must, in such a case, also include the list of members of the aggregation for which the project is carried out and their contact information, and the first project report for the aggregation of offset credit projects must include

(1)  for each project, the information and documents referred to in the third paragraph of section 70.5;

(2)  (subparagraph revoked); and

(3)  a declaration signed by each member party to the aggregation attesting that the promoter is duly designated to carry out the project and authorizing the issue of the offset credits to the promoter for the aggregation.

The project commencing first is considered to be the reference project for the application, to the aggregation of projects, of the time limits for renewal set out in section 70.10 and for the project report referred to in section 70.14.

The provisions of this Regulation concerning offset credit projects apply, with the necessary modifications, to an aggregation of projects.

O.C. 1184-2012, s. 45; O.C. 902-2014, s. 44; O.C. 1125-2017, s. 40.

2014-10-22

70.7. A promoter may carry out an aggregation of the projects of the same type on several sites for various members of the aggregation when each project meets the conditions of sections 70.2 and 70.3 and of the protocol applicable to the project.

The application for registration referred to in the first paragraph of section 70.5 must, in such a case, also include the list of members of the aggregation for which the project is carried out and their contact information, and the first project report for the aggregation of offset credit projects must include

(1)  for each project, the information and documents referred to in the second paragraph of section 70.5;

(2)  (subparagraph revoked); and

(3)  a declaration signed by each member party to the aggregation attesting that the promoter is duly designated to carry out the project and authorizing the issue of the offset credits to the promoter for the aggregation.

The project commencing first is considered to be the reference project for the application, to the aggregation of projects, of the time limits for renewal set out in section 70.10 and for the project report referred to in section 70.14.

The provisions of this Regulation concerning offset credit projects apply, with the necessary modifications, to an aggregation of projects.

O.C. 1184-2012, s. 45; O.C. 902-2014, s. 44.

2012-12-19

70.7. A promoter may submit to the Minister an application for registration for an aggregation of projects of the same type carried out on several sites for various members of the aggregation when each project meets the conditions of sections 70.2 and 70.3 and of the protocol applicable to the project.

An application for registration for an aggregation of offset credit projects must include

(1)  for each project, the information and documents referred to in section 70.5;

(2)  the name and contact information of each member for which an offset credit project will be carried out; and

(3)  a declaration signed by each member party to the aggregation attesting that the promoter is duly designated to carry out the project and authorizing the issue of the offset credits to the promoter for the aggregation.

The project commencing first is considered to be the reference project for the application, to the aggregation of projects, of the time limits for renewal set out in section 70.10 and for the project report referred to in section 70.14.

The provisions of this Regulation concerning offset credit projects apply, with the necessary modifications, to an aggregation of projects.

O.C. 1184-2012, s. 45.