Document ID: chunk:federal_register_of_legislation:F2017L01132:reg:4
Version: federal_register_of_legislation:F2017L01132
Segment Type: reg
Provision Reference: reg 4
Character Range: 1668–2390

4  Simplified outline of this instrument

      This instrument specifies who is entitled to non‑grandfathered quota for the first HFC quota allocation period and the amount of the non‑grandfathered quota.
      If the number of eligible applicants for non‑grandfathered quota is equal to or less than 100:
             (a) each applicant is entitled to non‑grandfathered quota; and
             (b) the non‑grandfathered HFC industry limit is divided evenly between the applicants.
      If there are more than 100 applicants:
             (a) a ballot must be conducted under section 8 to select 100 applicants; and
             (b) each selected applicant is entitled to 8,000 CO2e tonnes of non‑grandfathered quota.