[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: 40CFR73.52]

[Page 161]
 
                   TITLE 40--PROTECTION OF ENVIRONMENT
 
         CHAPTER I--ENVIRONMENTAL PROTECTION AGENCY (CONTINUED)
 
PART 73--SULFUR DIOXIDE ALLOWANCE SYSTEM--Table of Contents
 
                     Subpart D--Allowance Transfers
 
Sec. 73.52  EPA recordation.

    (a) General recordation. Except as provided in Sec. 73.50, 
Sec. 73.51, and this paragraph (a), the Administrator will record an 
allowance transfer by no later than five business days following receipt 
of an allowance transfer request pursuant to Sec. 73.50, by moving each 
allowance from the transferror account to the transferee account as 
specified by the request pursuant to Sec. 73.50, provided that:
    (1) The information submitted pursuant to Sec. 73.50 is complete;
    (2) The transferror account includes each allowance identified by 
serial number in the allowance transfer request submitted pursuant to 
Sec. 73.50, except when a request for transfer of the unit's allowances 
in perpetuity is indicated correctly on the allowance transfer 
submission;
    (3) If the allowances identified by serial number specified pursuant 
to Sec. 73.50(b)(1)(ii) are subject to the limitation on transfer 
imposed pursuant to Sec. 72.44(h)(1)(i) of this chapter, Sec. 74.42 of 
this chapter, or Sec. 74.47(c) of this chapter, the transfer is in 
accordance with such limitation; and
    (4) The transfer meets all applicable requirements of this subpart.
    (b) Where an allowance transfer submitted for recordation fails to 
meet the requirements of this subpart, the Administrator will not record 
such transfer.

[58 FR 3694, Jan. 11, 1993, as amended at 60 FR 17114, Apr. 4, 1995]