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Electronic Code of Federal Regulations

e-CFR data is current as of December 4, 2019

Title 40Chapter ISubchapter CPart 97Subpart CCCCC → §97.622


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 CCCCC—CSAPR SO2 Group 1 Trading Program


§97.622   Submission of CSAPR SO2 Group 1 allowance transfers.

(a) An authorized account representative seeking recordation of a CSAPR SO2 Group 1 allowance transfer shall submit the transfer to the Administrator.

(b) A CSAPR SO2 Group 1 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 SO2 Group 1 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 SO2 Group 1 allowance identified by serial number in the transfer.

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