 |
Code of Federal Regulations (Last Updated: July 5, 2024) |
 |
Title 40 - Protection of Environment |
|
Chapter I - Environmental Protection Agency |
|
SubChapter C - Air Programs |
|
Part 97 - Federal NOX Budget Trading Program, CAIR NOX and SO2 Trading Programs, and CSAPR NOX and SO2 Trading Programs |
|
Subpart FFFF - CAIR NOX Ozone Season Allowance Tracking System |
§ 97.355 - Banking.
Latest version.
-
§ 97.355 Banking.
(a) CAIR NOX Ozone Season allowances may be banked for future use or transfer in a compliance account or a general account in accordance with paragraph (b) of this section.
(b) Any CAIR NOX Ozone Season allowance that is held in a compliance account or a general account will remain in such account unless and until the CAIR NOX Ozone Season allowance is deducted or transferred under § 97.342, § 97.354, § 97.356, or subpart GGGG or IIII of this part.