#### 146 Relinquishment requirement (1) The Jobs and Competitiveness Program may provide that, if: (a) a number of free carbon units have been issued to a person in accordance with the program; and (b) any of the following subparagraphs applies: (i) a specified event happens; (ii) a specified circumstance comes into existence; (iii) the Regulator is satisfied about a specified matter; the person is required to relinquish a number of carbon units ascertained in accordance with the program. > Note: An administrative penalty is payable under section 212 for non‑compliance with a relinquishment requirement under the Jobs and Competitiveness Program. (2) The number of carbon units required to be relinquished by the person must not exceed the number of units mentioned in paragraph (1)(a). (3) Subsection (1) does not, by implication, limit subsection 145(1).

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