Passenger Automobile and Light Truck Greenhouse Gas Emission Regulations
Marginal note:Merger
27 (1) If a company merges with one or more companies after September 23, 2010, the company that results from the merger may make an election under section 24 and report that election in its first end of model year report if the following conditions are met:
(a) the total number of passenger automobiles and light trucks of the 2009 model year set out in section 24 is equal to the total number of passenger automobiles and light trucks manufactured or imported for sale in Canada by the merged companies for the 2009 model year; and
(b) the conditions set out in subsection 24(1) are met taking into account the adjustments set out in subsection (2).
Marginal note:Adjustments
(2) If the total calculated in accordance with subsection (1) is, as the case may be,
(a) equal to or greater than 750, but less than 7,500 for the 2009 model year, the combined total number of passenger automobiles and light trucks included in the temporary optional fleets by the merged companies, for the model years preceding the merger, must be subtracted from the applicable quantitative limits set out in paragraph 24(1)(a); or
(b) equal to or greater than 7,500, but less than 60,000 for the 2009 model year, the combined total number of passenger automobiles and light trucks included in the temporary optional fleets by the merged companies, for the model years preceding the merger, must be subtracted from the applicable quantitative limits set out in paragraph 24(1)(b).
- SOR/2014-207, s. 25
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