Source: https://www.law.cornell.edu/cfr/text/40/97.523
Timestamp: 2017-08-21 21:59:37
Document Index: 398377070

Matched Legal Cases: ['art 97', '§ 97', '§ 97', '§ 97', '§ 97', '§ 97']

40 CFR 97.523 - Recordation of CSAPR NOX Ozone Season Group 1 allowance transfers. | US Law | LII / Legal Information Institute
CFR › Title 40 › Chapter I › Subchapter C › Part 97 › Subpart BBBBB › Section 97.523
40 CFR 97.523 - Recordation of CSAPR NOX Ozone Season Group 1 allowance transfers.
§ 97.523 Recordation of CSAPR NOX Ozone Season Group 1 allowance transfers.
(a) Within 5 business days (except as provided in paragraph (b) of this section) of receiving a CSAPR NOX Ozone Season Group 1 allowance transfer that is correctly submitted under § 97.522, the Administrator will record a CSAPR NOX Ozone Season Group 1 allowance transfer by moving each CSAPR NOX Ozone Season Group 1 allowance from the transferor account to the transferee account as specified in the transfer.
(b) A CSAPR NOX Ozone Season Group 1 allowance transfer to or from a compliance account that is submitted for recordation after the allowance transfer deadline for a control period and that includes any CSAPR NOX Ozone Season Group 1 allowances allocated or auctioned for any control period before such allowance transfer deadline will not be recorded until after the Administrator completes the deductions from such compliance account under § 97.524 for the control period immediately before such allowance transfer deadline.
(c) Where a CSAPR NOX Ozone Season Group 1 allowance transfer is not correctly submitted under § 97.522, the Administrator will not record such transfer.
(e) Within 10 business days of receipt of a CSAPR NOX Ozone Season Group 1 allowance transfer that is not correctly submitted under § 97.522, the Administrator will notify the authorized account representatives of both accounts subject to the transfer of:
[ 76 FR 48406, Aug. 8, 2011, as amended at 81 FR 74612, Oct. 26, 2016]
40 CFR 97.526 — Banking.
40 CFR 97.524 — Compliance With CSAPR NO