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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 40 - Protection of Environment |
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Chapter I - Environmental Protection Agency |
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SubChapter C - Air Programs |
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Part 97 - Federal NOX Budget Trading Program, CAIR NOX and SO2 Trading Programs, CSAPR NOX and SO2 Trading Programs, and Texas SO2 Trading Program |
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Subpart GGGGG - CSAPR NOX Ozone Season Group 3 Trading Program |
§ 97.1022 - Submission of CSAPR NOX Ozone Season Group 3 allowance transfers.
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§ 97.1022 Submission of CSAPR NOX Ozone Season Group 3 allowance transfers.
(a) An authorized account representative seeking recordation of a CSAPR NOX Ozone Season Group 3 allowance transfer shall submit the transfer to the Administrator.
(b) A CSAPR NOX Ozone Season Group 3 allowance transfer shall be correctly submitted if:
(1) The transfer includes the following elements, in a format prescribed by the Administrator:
(i) The account numbers established by the Administrator for both the transferor and transferee accounts;
(ii) The serial number of each CSAPR NOX Ozone Season Group 3 allowance that is in the transferor account and is to be transferred; and
(iii) The name and signature of the authorized account representative of the transferor account and the date signed; and
(2) When the Administrator attempts to record the transfer, the transferor account includes each CSAPR NOX Ozone Season Group 3 allowance identified by serial number in the transfer.