Administrative provisions for obligated parties

Under the LCFS regulated parties are liquid fuels fuels producers and importers. In case of blended fuels, they are: for the alternative component of fuel - producer or importer of this fuel, and for the fossil component of the blend - producer or importer of the fossil-based liquid fuel. Producers and importers (obligated parties) are responsible for any reporting requirements (they are called first fuel reporting entities) and for deficit/credit generation (they are called generators). Any obligated party may (but do not have to) transfer his credit/deficit generator status when selling fuels under the following conditions: