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

Section 41.1 Disposition versions

2022-09-01

41.1. An emitter who, in accordance with section 6.5 of the Regulation respecting mandatory reporting of certain emissions of contaminants into the atmosphere (chapter Q-2, r. 15), communicates a notice of correction to its emissions report to increase the allocation without charge of emission units referred to in the ninth paragraph of section 40 or the third paragraph of section 41, receives at the next payment a quantity of additional emission units equal to the difference between the quantity calculated for the first emissions report and the quantity calculated for the corrected emissions report, in accordance with Part II of Appendix C. At the next payment of emission units referred to in the tenth paragraph of section 40 or the third paragraph of section 41, the Minister also places in the Minister’s auction account a quantity of additional emission units equal to the difference between the quantity of emission units allocated without charge, for auction, to an emitter that has signed an agreement in accordance with the tenth paragraph of section 40, as calculated for the first emissions report, and the quantity calculated for the corrected emissions report in accordance with Part II of Appendix C.

No additional emission units are paid for a notice of correction to an emissions report communicated after 1 August of the year following the year concerned by the allocation without charge.

When the notice of correction referred to in the first paragraph reduces the allocation without charge of emission units referred to in the ninth paragraph of section 40 or the third paragraph of section 41, the Minister subtracts, in the same proportion, a quantity of emission units from the next payments of such emission units whether or not the compliance deadline has expired.

O.C. 902-2014, s. 26; O.C. 1462-2022, s. 31.

2014-10-22

41.1. An emitter who, in accordance with section 6.5 of the Regulation respecting mandatory reporting of certain emissions of contaminants into the atmosphere (chapter Q-2, r. 15), communicates a notice of correction to raise the number of reference units reported in an emissions report filed for a year in the current compliance period is allocated, during the next allocation of emission units, additional units equal to the difference between the quantity calculated for the first emissions report and the quantity calculated for the corrected emissions report in accordance with Part II of Appendix C.

No additional emission units are allocated for a notice of correction to an emissions report for a year in a compliance period for which the compliance deadline has expired.

O.C. 902-2014, s. 26.