[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: 40CFR73.53]

[Page 161-162]
 
                   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. 73.53  Notification.

    (a) Notification of recordation. The Administrator will notify each 
party to an allowance transfer within five business days following the 
recordation of the transfer. Notice will be given in writing or in a 
format to be specified by the Administrator, to the authorized account 
representatives of both the transferror and transferee accounts.
    (b) Notification of non-recordation. By no later than five business 
days following receipt of an allowance transfer request by the 
Administrator, the Administrator will notify, in writing or in a format 
to be specified by the Administrator, the authorized account 
representatives of the accounts subject to the allowance transfer 
request submitted for recordation of:
    (1) A decision not to record the transfer, and
    (2) The reasons for such non-recordation.
    (c) Nothing in this section shall preclude the submission of an 
allowance

[[Page 162]]

transfer request for recordation following notification of non-
recordation.