Renewable Fuels Regulations

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• (3) [Repealed, SOR/2011-143, s. 8]