Payment for Beverage Container Deposits and Container Recycling Fees to LDB Sample Clauses

Payment for Beverage Container Deposits and Container Recycling Fees to LDB. In accordance with the provincial Ministry of Environment’s Recycling Regulation, most containers which hold “ready-to-serve” beverages are subject to a refundable container deposit. The Recycling Regulation also requires manufacturers or their agents to be part of an approved stewardship plan that ensures containers are collected and recycled. In British Columbia, there are two stewardship agencies that manage beverage container stewardship plans on behalf of industry. Encorp Pacific Ltd. ("Encorp") is the stewardship agency for all non-refillable containers except cans. Brewers Distributor Limited ("BDL") is the stewardship agency for cans and refillable bottles. Each of these two agencies operates a collection and recycling system and determines the amount of the container recycling fees (CRFs) that are required to pay for the costs of their systems. In the normal course of business, Encorp and BDL review the CRFs and make adjustments as necessary. INFORMATION ONLY In order to streamline the administration of the two stewardship plans, the LDB has agreed to consolidate the collection of container deposits and CRFs on Product sales and remit them to Encorp and BDL for funding of their stewardship plans. This relieves manufacturers from the burden of making individual payments to the two stewardship agencies. This does not apply to refillable bottles as BDL collects container deposits and CRFs directly from the manufacturers of these containers. When you, as a LBW sell beverage alcohol, you must collect CRFs (included in the Display Prices established by the LDB), and container deposits on your packaged Product sales. Please see the Container Deposit Schedule currently in effect: xxx.xxxxx.xxx/xxxxxx-xxxxx-xxx- reporting-user-guides. Encorp and BDL change the CRF fees from time to time and when they do, the LDB will update the schedule with the new rates. In order to provide these funds to Encorp and/or BDL, each month the LDB will invoice your Licensed Establishment for the CRFs (plus applicable taxes) and container deposits based on your Sales Reports. You are required by this Agreement to pay the invoices in the timely manner according to the payment terms stated on the LDB invoice. Failure to do so will result in suspension or termination of your Agreement.
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