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Amendment of section 44I of Principal Act
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22. Section 44I of the Principal Act is amended in subsection (6) —
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(a) in paragraph (a), by the substitution of “Subject to paragraphs (b) and (c) ” for “Subject to paragraph (b)”,
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(b) in paragraph (b), by the substitution of the following for “A biofuel obligation certificate referred to in paragraph (a)”:
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“For obligation periods beginning before 1 January 2020, a biofuel obligation certificate referred to in paragraph (a)”,
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and
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(c) by the insertion of the following paragraph after paragraph (b):
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“(c) For obligation periods beginning on or after 1 January 2020, a biofuel obligation certificate referred to in paragraph (a) may not be counted towards the discharge of more than 15 per cent of the amount of the biofuel obligation notified to the obligated party under subsection (1) in respect of that subsequent obligation period.”.
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