24. An emission allowance may be traded only between emitters, participants and clearing houses registered with the Minister or a partner entity.
An emitter or a participant may only hold emission allowances for their own use and not on behalf of another person having an interest in or control the emission allowances.
In addition, only emission allowances recorded in a general account may be traded. Subject to section 15, once recorded in a compliance account, emission allowances may only be used to cover GHG emissions.
O.C. 1297-2011, s. 24; O.C. 1184-2012, s. 17; O.C. 1089-2015, s. 14.