[Code of Federal Regulations]
[Title 40, Volume 14]
[Revised as of July 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 40CFR73.34]

[Page 157]
 
                   TITLE 40--PROTECTION OF ENVIRONMENT
 
         CHAPTER I--ENVIRONMENTAL PROTECTION AGENCY (CONTINUED)
 
PART 73--SULFUR DIOXIDE ALLOWANCE SYSTEM--Table of Contents
 
                  Subpart C--Allowance Tracking System
 
Sec. 73.34  Recordation in accounts.

    (a) Recordation in compliance subaccounts. At the beginning of 1995 
and, in the case of each year thereafter, after the Administrator has 
made all deductions from an affected unit's compliance subaccount 
pursuant to Sec. 73.35(b), the Administrator will record in the 
compliance subaccount the allowances held in the future year subaccount 
for the year corresponding to the current calendar year. The future year 
subaccount for the new 30th year will be established at the same time 
and include the allowances allocated for the unit for that year pursuant 
to subpart B of this part.
    (b) Recordation in current year subaccounts. At the beginning of 
1995 and each year thereafter, the Administrator will record in the 
current year subaccount the allowances held in the future year 
subaccount for the year corresponding to the current calendar year.
    (c) Recordation in subaccounts. Allowances in each compliance, 
current year, and future year subaccounts will reflect:
    (1) All allowances allocated or deducted for the unit for the year 
pursuant to subpart B of this part;
    (2) All allowances allocated or deducted pursuant to Secs. 72.41, 
72.42, 72.43, and 72.44 and part 74 of this chapter;
    (3) All allowances allocated pursuant to subparts F and G of this 
part;
    (4) All allowances recorded as a result of purchases or returns from 
the annual auctions;
    (5) All allowances recorded or deducted as a result of allowance 
transfers recorded pursuant to subpart D of this part; and
    (6) All allowances deducted or returned pursuant to Secs. 73.35(d), 
72.91 and 72.92, part 74, and part 77 of this chapter.
    (d) Serial numbers for allocated allowances. Upon the allocation of 
allowances to an account, including allowances contained in reserves as 
provided in subpart B of this part, the Administrator will assign each 
allowance a unique identification number that will include digits 
identifying the allowance's compliance use date.

[58 FR 3691, Jan. 11, 1993, as amended at 60 FR 17114, Apr. 4, 1995; 63 
FR 68404, Dec. 11, 1998]