Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(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.