Regulated HFC activities
36B Regulated HFC activities
A regulated HFC activity is the manufacture or import of HFCs under an SGG licence.
A licence is not required for the manufacture or import of HFCs and other SGGs in certain circumstances, or for certain purposes, prescribed by the regulations: see subsections 13(2) and 13AA(2).
This Part does not apply to the import or export of HFCs for use on board ships or aircraft in certain circumstances: see section 12B.
For the purposes of this Act, the quantity of HFCs that is taken to be involved in regulated HFC activities engaged in by an SGG licensee in a period is the greater of the amount worked out using the following formula and nil:
For the purposes of subsection (2), the quantity of HFCs exported by an SGG licensee in a period is taken not to include any quantity exported under a direction given to the licensee under section 36H (direction to export HFCs if quota exceeded).
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