s 33B Surrender of eligible international carbon credits
33B.—(1) For the purpose of section 17(3A), the total number of eligible international carbon credits surrendered must not exceed the prescribed limit. (2) Despite subsection (1), the Minister may permit eligible international carbon credits to be surrendered in excess of the prescribed limit in any particular case or class of cases. (3) Where an eligible international carbon credit is surrendered in place of a fixed‑price carbon credit for the purpose of paying any tax in relation to a taxable facility, the registered person of the taxable facility is treated as having paid the tax to the extent of the carbon price of the fixed‑price carbon credit that the eligible international carbon credit has been surrendered in place of.[Act 37 of 2022 wef 01/01/2024]