Document ID: chunk:federal_register_of_legislation:F2024C01008:reg:58:p2
Version: federal_register_of_legislation:F2024C01008
Segment Type: reg
Provision Reference: reg 58 (pt 2/2)
Character Range: 68535–69655

applicant were allocated an HFC quota each calendar year occurring in or after the retirement period; and
 (b) the applicant were entitled to grandfathered quota for each calendar year occurring in or after the retirement period; and
 (c) the amount of the grandfathered quota to which the applicant was entitled for each calendar year occurring in the retirement period were equal to the grandfathered quota to which the applicant would have been entitled for that year apart from paragraph (2)(a); and
 (d) for each calendar year (the earlier year) occurring in or after the retirement period and in or before the base period for the current period, both:
 (i) the amount of grandfathered quota to which the applicant was entitled for the earlier year (unless the year occurs in the retirement period); and
 (ii) the total quantity of HFCs, expressed in CO2e megatonnes, involved in licensed regulated HFC activities engaged in by the applicant during the earlier year;
  were equal to the maximum grandfathered quota for the earlier year.

Division 4A.4—Reserve HFC Quotas

Subdivision 4A.4.1—Purpose of this Division