59. Every emitter that wishes to purchase emission units at a sale by mutual agreement must, at least 30 days before the sale, register with the Minister as a purchaser by submitting the following information and documents:
(1) the emitter’s name, contact information and compliance account number;
(2) the names of the emitter’s account representatives;
(3) a financial guarantee in Canadian dollars, valid for a period of at least 21 days following the date of the sale, in one of the forms referred to in the second paragraph of section 48.
An emitter registered as a purchaser at a sale by mutual agreement in accordance with the first paragraph remains registered for all following sales, unless the emitter applies for a cancellation of registration.
In all cases, an emitter registered at a sale by mutual agreement must confirm, at least 30 days before the date of each sale, or update, at least 40 days before the date of each sale, the information and documents referred to in the first paragraph and in sections 7 to 12, failing which the emitter’s or participant’s registration for the sale will be cancelled.
O.C. 1297-2011, s. 59; O.C. 1184-2012, s. 37; O.C. 1138-2013, s. 17.