Sulphur dioxide allowances for 2004 and later years
 14. (1) The owner of an independent sulphur dioxide facility may apply to the Director for sulphur dioxide emission allowances for 2004, 2005, 2006 or 2007 in respect of the facility.  O. Reg. 397/01, s. 14 (1). (2) Ontario Power Generation Inc. may apply to the Director for sulphur dioxide emission allowances for 2004, 2005, 2006 or 2007 in respect of a combined sulphur dioxide facility.  O. Reg. 397/01, s. 14 (2). (3) The owner of a generation facility may apply to the Director for sulphur dioxide emission allowances for 2008 or a later year in respect of the facility.  O. Reg. 397/01, s. 14 (3). (4) An application under this section must be made not later than, (a) August 1, 2003, if the application relates to allowances for 2004; or (b) June 1 in the year preceding the year for which the allowances are applied for, if the application relates to allowances for 2005 or a later year.  O. Reg. 202/03, s. 2. (5) An application may be made under this section by the owner of a facility that has not yet begun to generate electricity.  O. Reg. 397/01, s. 14 (5). (6) For each facility for which an application for sulphur dioxide emission allowances is made in accordance with this section, the Director shall determine the following amount: (A ÷ B) × C where, A = the deemed electricity production of the facility, determined in accordance with section 2, B = the total deemed electricity production of all the facilities for which applications were made in accordance with this section, determined in accordance with section 2, C = 153.5 kilotonnes, if the year for which the emission allowances are applied for is 2004, 2005 or 2006, or 127.0 kilotonnes, if the year for which the emission allowances are applied for is a later year. O. Reg. 397/01, s. 14 (6). (7) If an application for sulphur dioxide emission allowances is made in accordance with this section in respect of a facility, the Director shall send written notice of the amount determined for the facility under subsection (6) to the owner of the facility and to the operator of the Registry not later than October 1 in the year preceding the year for which the emission allowances are applied for.  O. Reg. 397/01, s. 14 (7). (8) If the owner of an independent sulphur dioxide facility makes an application in accordance with this section for emission allowances for 2007 or an earlier year, the owner shall be deemed, on January 1 of the year for which the emission allowances are applied for, to have acquired sulphur dioxide emission allowances in respect of the facility in the amount determined under subsection (6) for the facility.  O. Reg. 397/01, s. 14 (8). (9) If Ontario Power Generation Inc. makes one or more applications in accordance with this section for emission allowances for 2007 or an earlier year in respect of one or more combined sulphur dioxide facilities, Ontario Power Generation Inc. shall be deemed, on January 1 of the year for which the emission allowances are applied for, to have acquired sulphur dioxide emission allowances in respect of the combined sulphur dioxide facilities to which the application or applications relate in an amount equal to the sum of the amounts determined under subsection (6) for those facilities.  O. Reg. 397/01, s. 14 (9). (10) If the owner of a generation facility makes an application in accordance with this section for emission allowances for 2008 or a later year, the owner shall be deemed, on January 1 of the year for which the emission allowances are applied for, to have acquired sulphur dioxide emission allowances in respect of the facility in the amount determined under subsection (6) for the facility.  O. Reg. 397/01, s. 14 (10).