Electronic Code of Federal Regulations
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e-CFR data is current as of July 9, 2020 |
Title 40 → Chapter I → Subchapter C → Part 97 → Subpart AAAAA → §97.422 |
Title 40: Protection of Environment
PART 97—FEDERAL NOX BUDGET TRADING PROGRAM, CAIR NOX AND SO2 TRADING PROGRAMS, CSAPR NOX AND SO2 TRADING PROGRAMS, AND TEXAS SO2 TRADING PROGRAM
Subpart AAAAA—CSAPR NOX Annual Trading Program
§97.422 Submission of CSAPR NOX Annual allowance transfers.
(a) An authorized account representative seeking recordation of a CSAPR NOX Annual allowance transfer shall submit the transfer to the Administrator.
(b) A CSAPR NOX Annual 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 Annual 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 Annual allowance identified by serial number in the transfer.