Source: https://www.law.cornell.edu/cfr/text/40/80.1164
Timestamp: 2017-04-24 15:26:33
Document Index: 97626033

Matched Legal Cases: ['art 80', '§ 80', '§ 80', '§ 80', '§ 80', '§ 80', '§ 80', '§ 80', '§ 80', '§ 80', '§ 80', '§ 80', '§ 80', '§ 80', '§ 80']

40 CFR 80.1164 - What are the attest engagement requirements under the RFS program? | US Law | LII / Legal Information Institute
CFR › Title 40 › Chapter I › Part 80 › Subpart K › Section 80.1164 40 CFR 80.1164 - What are the attest engagement requirements under the RFS program?
The requirements regarding annual attest engagements in §§ 80.125 through 80.127, and 80.130, also apply to any attest engagement procedures required under this subpart. In addition to any other applicable attest engagement procedures, the following annual attest engagement procedures are required under this subpart.
(a) The following attest procedures shall be completed for any obligated party as stated in § 80.1106(a) or exporter of renewable fuel that is subject to the renewable fuel standard under § 80.1105:
(1)Annual compliance demonstration report.
(i) Obtain and read a copy of the annual compliance demonstration report required under § 80.1152(a)(1) which contains information regarding all the following:
(A) The obligated party's volume of finished gasoline, reformulated gasoline blendstock for oxygenate blending (RBOB), and conventional gasoline blendstock that becomes finished conventional gasoline upon the addition of oxygenate (CBOB) produced or imported during the reporting year.
(B) Renewable volume obligation (RVO).
(C) RINs used for compliance.
(2)RIN transaction reports.
(i) Identify a representative sample, selected in accordance with the guidelines in § 80.127, separately for each RIN transaction type ( RINs purchased, RINs sold, RINs retired) included in the RIN transaction reports required under § 80.1152(a)(2) for the compliance year.
(3)Gallon-RIN activity reports.
(i) Obtain and read copies of all quarterly gallon-RIN activity reports required under § 80.1152(a)(3) for the compliance year.
(b) The following attest procedures shall be completed for any renewable fuel producer or importer:
(1)RIN-generation reports.
(i) Obtain and read copies of the quarterly RIN generation reports required under § 80.1152(b)(1) for the compliance year.
(i) Identify a representative sample, selected in accordance with the guidelines in § 80.127, separately for each transaction type ( RINs purchased, RINs sold, RINs retired) included in the RIN transaction reports required under § 80.1152(b)(2) for the compliance year.
(i) Obtain and read copies of the quarterly gallon-RIN activity reports required under § 80.1152(b)(3) for the compliance year.
(c) The following attest procedures shall be completed for any party other than an obligated party or renewable fuel producer or importer that owns any RINs during a calendar year.
(1)RIN transaction reports.
(i) Identify a representative sample, selected in accordance with the guidelines in § 80.127, separately for each RIN transaction type ( RINs purchased, RINs sold, RINs retired) included in the RIN transaction reports required under § 80.1152(c)(1) for the compliance year.
(2)Gallon-RIN activity reports.
(i) Obtain and read copies of the gallon-RIN activity reports required under § 80.1152(c)(2) for the compliance year.
(d) The following submission dates apply to the attest engagements required under this section. (1) For each compliance year, each party subject to the attest engagement requirements under this section shall cause the reports required under this section to be submitted to EPA by May 31 of the year following the compliance year.
(2) For the 2007 compliance year only, the attest engagement required under paragraph (a) of this section may be submitted to EPA with the attest engagement for the 2008 compliance year.
[ 72 FR 24004, May 1, 2007, as amended at 73 FR 57257, Oct. 2, 2008]