(4) Where the total discount and expense or the total premium less expense applicable to any particular issue of securities does not exceed $25,000, a company, at the time of issue, may debit the entire amount to account 321 (Amortization of Debt Discount, Premium and Expense), as applicable.

73 (1) Where any issue or series of long term debt of a company is redeemed before its maturity date, otherwise than by exchange or conversion into capital stock, the amount of the unamortized debt discount and expense or unamortized premium less expense applicable to the portion of the debt redeemed shall be credited to account 41 (Unamortized Debt Discount and Expense) or debited to account 76 (Unamortized Premium on Long Term Debt), as applicable, and where the amount is not material, concurrently debited to account 418 (Amortization of Discount on Long Term Debt) or credited to account 408 (Release of Premium on Long Term Debt), as a ...[+++]pplicable, in the year of redemption.

73 (1) Where any issue or series of long-term debt of a company is redeemed before its maturity date, otherwise than by exchange or conversion into shares, the amount of the unamortized debt discount and expense or unamortized premium less expense applicable to the portion of the debt redeemed shall be credited to account 170 (Unamortized Debt Discount and Expense) or debited to account 270 (Unamortized Debt Premium and Expense), as applicable, and where the amount is not material, concurrently debited or credited to account 321 (Amortization of Debt Discount, Premium and Expense) as applicable, in the year of redemption.

The Commission should supplement or amend the monitoring and reporting requirements laid down in Annex II in the light of the experience of the application of this Regulation, to establish methods for the collection of excess emissions premiums, to establish provisions regarding the interpretation of the eligibility criteria for derogations, on the content of applications for a derogation and on the content and ...[+++]assessment of programmes for the reduction of specific emissions of CO2, to take the measures to adapt the formulae of Annex I in order to reflect any change in the regulatory test procedure for the measurement of specific CO2 emissions.

(26) In particular the Commission should be empowered to amend the monitoring and reporting requirements in the light of the experience of the application of this Regulation, to establish methods for the collection of excess emissions premiums, to adopt detailed provisions concerning the derogation for certain manufacturers, and to adapt Annex I to take account of the evolution of the mass of new light commercial vehicles registere ...[+++]d in the Community and to reflect any change in the regulatory test procedure for the measurement of specific emissions of CO2 laid down in Regulation (EC) No 715/2007.

MAC recommends that the government invest in the development of new production methods and processes to improve energy efficiency and reduce greenhouse gas emissions, introduce tax credits to increase qualifying research and development to improve emissions intensity and accelerate capital cost allowances to encourage early adoption of new and innovative gas reducing technologies.