Regulation 9

For the purpose of section 33B(1) of the Act, the prescribed limit of eligible international carbon credits that may be surrendered to pay tax chargeable for any emissions year (as defined in section 16(1) of the Act) is rounded down to the nearest whole number, where A is the numerical value of the carbon dioxide equivalence of the total amount of the reckonable GHG emissions in that emissions year, rounded up to the nearest metric tonne.