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

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15. The Minister may close an emitter’s compliance account and transfer the emission allowances recorded in it to the emitter’s general account
(1)  if the emitter has not been required to cover the GHG emissions of any of its establishments pursuant to section 19 or, as the case may be, section 19.1, the emitter has met all the requirements of Chapter III, and the offset credits placed in the account by a partner entity and used by the emitter to cover its GHG emissions can no longer be cancelled;
(2)  if the covered establishment is no longer operated by the emitter, the emitter operates no other covered establishments, and the emitter meets the conditions of section 17; or
(3)  if the emitter is closing a covered establishment, operates no other covered establishments, meets the conditions of section 18, has met all the requirements of Chapter III, and the offset credits placed in the account by a partner entity and used by the emitter to cover its GHG emissions can no longer be cancelled.
The emitter then becomes a participant for the purposes of this Regulation.
O.C. 1297-2011, s. 15; 1125-2017O.C. 1125-2017, s. 20.
15. An emitter may ask the Minister to close the emitter’s compliance account and transfer the emission allowances recorded in it to the emitter’s general account
(1)  if the emitter has not been required to cover the GHG emissions of any of its establishments pursuant to section 19 for over 5 years;
(2)  if the covered establishment is no longer operated by the emitter, the emitter operates no other covered establishments, and the emitter meets the conditions of section 17; or
(3)  if the emitter is closing a covered establishment, operates no other covered establishments and meets the conditions of section 18.
The emitter then becomes a participant for the purposes of this Regulation.
O.C. 1297-2011, s. 15.