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cfr_sections: 40:40:25.0.1.1.12.18.1.2

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40:40:25.0.1.1.12.18.1.2 40 Protection of Environment I C 96 PART 96—NOX BUDGET TRADING PROGRAM AND CAIR NOX AND SO2 TRADING PROGRAMS FOR STATE IMPLEMENTATION PLANS GG Subpart GG—CAIR NO 96.161 § 96.161 EPA recordation. EPA 42 U.S.C. 7401, 7403, 7410, 7601, and 7651, et seq. 70 FR 25339, May 12, 2005, unless otherwise noted.   (a) Within 5 business days (except as provided in paragraph (b) of this section) of receiving a CAIR NO X allowance transfer, the Administrator will record a CAIR NO X allowance transfer by moving each CAIR NO X allowance from the transferor account to the transferee account as specified by the request, provided that: (1) The transfer is correctly submitted under § 96.160; and (2) The transferor account includes each CAIR NO X allowance identified by serial number in the transfer. (b) A CAIR NO X allowance transfer that is submitted for recordation after the allowance transfer deadline for a control period and that includes any CAIR NO X allowances allocated for any control period before such allowance transfer deadline will not be recorded until after the Administrator completes the deductions under § 96.154 for the control period immediately before such allowance transfer deadline. (c) Where a CAIR NO X allowance transfer submitted for recordation fails to meet the requirements of paragraph (a) of this section, the Administrator will not record such transfer.
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