Volatile Organic Compound Concentration Limits for Certain Products Regulations — 11
Notice of participation 11 (1) A person that intends to generate compliance units in respect of a reformulated product that they manufacture or import must, no later than October 1 of the first year in which they elect to participate in the compliance unit trading system in respect of that product, submit a notice to the Minister that contains the following information: (a) the person’s name, civic and postal addresses, telephone number and, if any, fax number and email address; (b) the name, title, civic and postal addresses, telephone number and, if any, fax number and email address of their authorized representative, if applicable; and (c) respecting the product, (i) its common or generic name and its trade name, if any, (ii) the product category set out in column 1 of the table to Schedule 1 and, if applicable, the subcategory set out in column 2 to which it belongs, as well as the information used to categorize it, (iii) its lowest VOC concentration prior to reformulation, the date of reformulation and its VOC concentration after reformulation, and (iv) the quantity of the product, expressed in kilograms, that the person expects to manufacture or import during the period beginning on the day on which the notice is submitted and ending on December 31 of the same year, excluding the quantity that is to be manufactured or imported for export only. Generation of compliance units (2) A person that has submitted a notice under subsection (1) may generate compliance units, at a rate of one compliance unit per kilogram, for all of the reformulated products that they manufacture or import during a given calendar year. The number of kilograms is determined by the formula Σ [(B i − C i ) × W i ] where B i is, for each reformulated product, the maximum VOC concentration set out in column 3 of the table to Schedule 1 for the product category set out in column 1 or, if applicable, the subcategory set out in column 2 to which the product belongs; C i is, for each reformulated product, the product’s VOC concentration after reformulation; and W i is, for each reformulated product, the quantity, expressed in kilograms, that was manufactured or imported during the year in question, excluding the quantity that was manufactured or imported for export only. First year of participation (3) For the first calendar year in which the person participates in the compliance unit trading system, the value of the element W i in the formula set out in subsection (2) is the quantity of the reformulated product that was manufactured or imported during the period beginning on the day on which the notice referred to in subsection (1) was submitted or the day on which the product was reformulated, whichever is later, and ending on December 31 of that year. Availability confirmed by Minister (4) The Minister must provide the person with written confirmation of the number of compliance units that are available to them within 60 days after the day on which the person submits a report in accordance with section 14 . Valid for two years (5) Compliance units whose availability is confirmed by the Minister are valid for two years beginning on January 1 of the year following the calendar year in which they are generated.