Verification amount conclusion
 19. (1) The accredited verification body shall include in the verification statement and report a verification amount conclusion described in Column 1 of the following Table if the determination set out opposite the conclusion in Column 2 of the Table has been made: TABLE   Types of Verification Amount Conclusions Item   Column 1   Type of verification amount conclusion   Column 2   Determination of accredited verification body 

  1.   Positive.   Both of the following circumstances apply:   1.  There is a reasonable level of assurance that the report contains no material discrepancy in emissions.   2.  The report was prepared in accordance with this Regulation. 

  2.   Qualified positive.   Both of the following circumstances apply:   1.  There is a reasonable level of assurance that the report contains no material discrepancy in emissions.   2.  The report was prepared substantially in accordance with this Regulation. 

  3.   Adverse.   One or both of the following circumstances apply:   1.  There is a reasonable level of assurance that the report contains a material discrepancy in emissions. 2.  The report was not prepared substantially in accordance with this Regulation. O. Reg. 390/18, s. 19 (1); O. Reg. 77/19, s. 14 (1-3); O. Reg. 242/19, s. 9 (1-4). (2) A material discrepancy in emissions exists if the per cent discrepancy in the verification amount, as determined under subsection (3) or (3.1), is, (a)  8 per cent or more when emissions are less than 50,000 tonnes of CO2e; (b)  5 per cent or more, when emissions are greater than or equal to 50,000 but less than 500,000 tonnes of CO2e; or (c)  2 per cent when emissions are 500,000 tonnes of CO2e or greater. O. Reg. 730/21, s. 10 (1). (3) The per cent discrepancy in a verification amount based on the aggregate effect of all errors, omissions and misstatements in a report shall be determined by applying the following formula: PD = (SOU / VA × 100) where, PD =  per cent discrepancy, SOU = the net result of summing overstatements and understatements resulting from all errors, omissions and misstatements in the report, expressed in tonnes of CO2e, and VA =  the verification amount set out in the report. O. Reg. 563/22, s. 8. (3.1) The per cent discrepancy in a verification amount based on the effect of all overstatements or all understatements, whichever is greater, resulting from all errors, omissions and misstatements in a report shall be determined by applying the following formula: PD = (GV/ VA × 100) where, PD =  per cent discrepancy, GV =  the greater of, (a)  the absolute value of the sum of overstatements resulting from all errors, omissions and misstatements in the report, expressed in tonnes of CO2e, and (b)  the absolute value of the sum of understatements resulting from all errors, omissions and misstatements in the report, expressed in tonnes of CO2e, and VA =  the verification amount set out in the report. O. Reg. 563/22, s. 8. (4) A material discrepancy in emissions exists if the individual or aggregate effect of one or more errors, omissions or misstatements identified in the course of verification makes it probable that there is a discrepancy in the verification amount of, (a)  8 per cent or more when emissions are less than 50,000 tonnes of CO2e, (b)  5 per cent or more, when emissions are greater than or equal to 50,000 but less than 500,000 tonnes of CO2e, or (c)  2 per cent when emissions are 500,000 tonnes of CO2e or greater. O. Reg. 730/21, s. 10 (4).