Conditions
 26. (1) The following conditions of registration apply in respect of a mandatory participant: 1. The participant must notify the Director of any change to the following information no later than 30 days following the change: i. Information required under section 25. ii. Any other information required by the Director upon application for registration. 2. The participant must not sell, trade or otherwise deal with emission allowances or credits in the participant’s compliance account. O. Reg. 144/16, s. 26 (1); O. Reg. 450/17, s.11 (1). (1.1) The condition in paragraph 2 of subsection (1) does not apply if the participant is the previous owner or operator of a facility at which a specified GHG activity is engaged in and submits a request to the Minister under section 51.3 to have the emission allowances or credits transferred from the previous owner’s compliance account to the compliance account of the new owner or operator of the facility. O. Reg. 473/16, s. 8. (2) If a person registers as a mandatory participant in 2016 in respect of activities with respect to which a 2015 EPA report relates and the person is not required under Ontario Regulation 452/09 (Greenhouse Gas Emissions Reporting) made under the Environmental Protection Act to do the following, it is a condition of the registration that the person, (a) give the Director a 2016 EPA report with respect to all Table 2 activities, within the meaning of the 2016 EPA Regulation, that were engaged in at the facility during 2016, prepared in accordance with subsection (3); and (b) have the report verified in accordance with subsection (4) and give the Director a positive or qualified positive verification statement that was prepared in respect of the report in accordance with the 2016 EPA Regulation. (2.1) If the reason that a person described in subsection (2) was not required under Ontario Regulation 452/09 to do the things mentioned in clauses (2) (a) and (b) was because the owner or operator of the facility changed during 2016, the conditions described in those clauses do not apply to the person. O. Reg. 473/16, s. 8. (3) The report mentioned in clause (2) (a) must be prepared in accordance with section 7 of the 2016 EPA Regulation and given to the Director no later than June 1, 2017. (4) The verification mentioned in clause (2) (b) must be conducted in accordance with the requirements set out in the 2016 EPA Regulation relating to verification of reports and the verification statement must be given to the Director no later than September 1, 2017. (5) Subject to subsections (6) and (7), if a participant was not required to provide some of the information set out in Schedule 1 at the time of registration because the participant was registered before the day Ontario Regulation 450/17 made under the Act came into force, the participant shall provide that information to the Director no later than January 30, 2018 and the condition set out in paragraph 1 of subsection (1) applies to the participant in respect of that information on and after January 30, 2018. O. Reg. 450/17, s.11 (2). (6) If the participant mentioned in subsection (5) wishes to participate in the first auction held in 2018, for the purposes of paragraph 1 of subsection 67 (1), it is a condition of the participant’s registration that no later than 40 days before the day of the auction, the participant must submit the information to the Director and update the information. O. Reg. 450/17, s.11 (2). (7) If a person is a related person in respect of a participant mentioned in subsection (5) who wishes to participate in the first auction held in 2018, for the purposes of paragraph 1 of subsection 67 (1), it is a condition of the related person’s registration that no later than 40 days before the day of the auction, the related person must submit the information to the Director and update the information. O. Reg. 450/17, s.11 (2).