#### 55 Applying to retire quota entitlements (1) An SGG licensee may apply for the retirement of a specified percentage of the licensee’s entitlement to HFC quotas for calendar years occurring in or after a specified HFC quota allocation period (the retirement period) (other than the first HFC quota allocation period) if: (a) the licensee has been allocated HFC quotas for the calendar years in the HFC quota allocation period occurring immediately before the retirement period; and (b) if the retirement period occurs after the second HFC quota allocation period—the quotas mentioned in paragraph (a) include amounts of grandfathered quota. (2) The application must: (a) be in writing; and (b) be given to the Minister no later than 30 June before the start of the retirement period.

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