Clean Fuel Regulations — 106
Eligibility to transfer credits 106 (1) Only a participant may transfer a compliance credit and the transfer must be to another participant. Transfer request (2) A participant who wishes to transfer any compliance credits to another participant must submit a transfer request to the Minister that is signed by their authorized agent and contains the following information: (a) the name, civic address and postal address of the transferor; (b) the name, title, civic address, postal address, telephone number and, if any, email address of the transferor’s authorized agent; (c) the name, civic address and postal address of the transferee; (d) the name, title, civic address, postal address, telephone number and, if any, email address of the transferee’s authorized agent; and (e) with respect to any compliance credits that are to be transferred, an indication of (i) their number, (ii) their specific type, (iii) the year in which they were created, (iv) the price, if any, to be paid to the transferor by the transferee for each compliance credit, and (v) the volume and carbon intensity of the fuel used to create the compliance credits. Types of compliance credits (3) The specific types of compliance credits are the following: (a) compliance credits in respect of the liquid class that are created under paragraph 19 (1)(a) (i) by carrying out a CO 2 e-emission-reduction project described in paragraph 30 (d) that results in the production of a co-processed low-carbon-intensity fuel that is a gasoline replacement referred to in subsection 6 (1), (ii) by carrying out a CO 2 e-emission-reduction project described in paragraph 30 (d) that results in the production of a co-processed low-carbon-intensity fuel that is a diesel replacement referred to in subsection 7 (1), (iii) by carrying out a CO 2 e-emission-reduction project using a generic emission-reduction quantification method established under subsection 31 (1), or (iv) by carrying out a CO 2 e-emission-reduction project described in section 30 , other than one described in subparagraphs (i) to (iii); (b) compliance credits in respect of the liquid class that are created under paragraph 19 (1)(b) (i) by importing a gasoline replacement referred to in subsection 6 (1), (ii) by importing a diesel replacement referred to in subsection 7 (1), or (iii) by importing any other liquid low-carbon-intensity fuel; (c) compliance credits in respect of the liquid class that are created under paragraph 19 (1)(c) (i) by producing a gasoline replacement referred to in subsection 6 (1), (ii) by producing a diesel replacement referred to in subsection 7 (1), or (iii) by producing any other liquid low-carbon-intensity fuel; (d) compliance credits in respect of the liquid class that are created under paragraph 19 (1)(d); (e) compliance credits in respect of the gaseous class that are created under paragraph 20 (a) by carrying out a CO 2 e-emission-reduction project described in paragraph 30 (d); (f) compliance credits in respect of the gaseous class that are created under paragraph 20 (b) by importing a gaseous low-carbon-intensity fuel; and (g) compliance credits in respect of the gaseous class that are created under paragraph 20 (c) by producing a gaseous low-carbon-intensity fuel. Confirmation by transferee (4) The authorized agent of the transferee must sign the transfer request to confirm that the information is accurate and that the transferee accepts the transfer of the compliance credits. Transfer of credits (5) If the transfer request submitted to the Minister meets the requirements of subsections (2) to (4), the compliance credits described in the request must be withdrawn from the transferor’s account opened under paragraph 28 (a) or (b), as the case may be, and deposited into the account of the transferee that was opened under the same paragraph. Exception — registered creator (6) However, a participant must not transfer any compliance credit to a registered creator who is not a primary supplier an