1.0.1 (1) This section applies to a collector who is a large collector for 1999 or a subsequent year.  O. Reg. 12/99, s. 2. (2) A collector is considered to be a large collector for a calendar year if the total amount of tax collectible and payable by the collector under the Act for the previous calendar year, including the amount referred to in clause 11 (15) (a) of the Act included in any penalty assessed against the collector under subsection 11 (15) of the Act in respect of that year, but excluding interest payable by the collector and other amounts assessed as penalties under the Act in respect of that year, exceeds $36 million.  O. Reg. 12/99, s. 2. (3) For each month in the year, every large collector shall deliver the following returns (in a form approved by the Minister) to the Minister on the following dates in respect of the tax collectible and payable by the collector: 1. A return for the period commencing on the 1st day of the month and ending at the end of the 15th day of the month, delivered on or before the last day of the month. 2. A return for the period commencing on the 16th day of the month and ending at the end of the last day of the month, delivered on or before the 15th day of the following month. 3. A return for the period commencing on the 1st day of the month and ending at the end of the last day of the month, to be delivered on or before the last day of the following month, containing, i. a reconciliation of the amounts previously reported and transmitted on account of tax collectible and payable by the collector for the month, and the amount of tax collectible and tax payable by the collector for the month, and ii. a report on, A. the quantities of gasoline, aviation fuel and propane on hand, produced, received, consumed, imported, sold and otherwise disposed of by the collector during the month, and B. the quantities of gasoline, aviation fuel or propane, which were lost during the month on account of shrinkage due to variation in temperature or evaporation.  O. Reg. 12/99, s. 2. (4) Subject to subsections (5) and (6), a large collector is considered to have transmitted the tax collectible and payable for a month as required by subsection 9 (1) of the Act if the collector transmits the tax to the Minister with the returns for the month in the following manner: 1. The collector must transmit with the return required under paragraph 1 of subsection (3) an amount equal to one-half of the total tax collectible and payable by the collector for the previous month, less the amount, if any, by which the total of all amounts transmitted by the collector to the Minister on account of tax collectible and payable by the collector for the previous month exceeds the total tax collectible and payable by the collector for the previous month. 2. The collector must transmit with the return required under paragraph 2 of subsection (3) an amount equal to one-half of the total tax collectible and payable by the collector for the previous month. 3. The collector must transmit with the return required under paragraph 3 of subsection (3) the amount, if any, by which the total tax collectible and payable by the collector for the month exceeds the total amount previously transmitted to the Minister on account of tax collectible and payable by the collector for the month.  O. Reg. 12/99, s. 2. (5) An amount required to be transmitted to the Minister under paragraph 3 of subsection (4) may be reduced by an amount permitted under the Act or the regulations to be deducted from the payment.  O. Reg. 12/99, s. 2. (6) A collector who is a large collector for a calendar year but was not a large collector for the previous calendar year is considered to have transmitted the tax collectible and payable as required by subsection 9 (1) of the Act for each of January and February of the year in which it becomes a large collector, if the collector transmits the tax to the Minister in the following manner: 1. The collector must transmit with the return required under paragraph 1 of subsection (3) for January, an amount equal to one-sixth of the total tax collectible and payable by the collector for December of the previous year. 2. The collector must transmit with the return required under paragraph 2 of subsection (3) for January, an amount equal to five-sixths of the total tax collectible and payable by the collector for December of the previous year. 3. The collector must transmit with the return required under paragraph 1 of subsection (3) for February, an amount equal to one-third of the total tax collectible and payable by the collector for January, less the amount, if any, by which the total of all amounts transmitted to the Minister on account of the tax collectible and payable by the collector for January exceeds the total tax collectible and payable by the collector for January. 4. The collector must transmit with the return required under paragraph 2 of subsection (3) for February, an amount equal to two-thirds of the total tax collectible and payable by the collector for January. 5. The collector must transmit with each return required under paragraph 3 of subsection (3) for January and February, the amount, if any, by which the total tax collectible and payable by the collector for the month exceeds the total amount previously transmitted to the Minister on account of tax collectible and payable by the collector for the month.  O. Reg. 12/99, s. 2.