[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: 40CFR74.40]

[Page 190]
 
                   TITLE 40--PROTECTION OF ENVIRONMENT
 
         CHAPTER I--ENVIRONMENTAL PROTECTION AGENCY (CONTINUED)
 
PART 74--SULFUR DIOXIDE OPT-INS--Table of Contents
 
  Subpart E--Allowance Tracking and Transfer and End of Year Compliance
 
Sec. 74.40  Establishment of opt-in source allowance accounts.


    (a) Establishing accounts. Not earlier than the date on which a 
combustion or process source becomes an affected unit under this part 
and upon receipt of a request for an opt-in account under paragraph (b) 
of this section, the Administrator will establish an account and 
allocate allowances in accordance with subpart C of this part for 
combustion sources or subpart D of this part for process sources. A 
separate unit account will be established for each opt-in source.
    (b) Request for opt-in account. The designated representative of the 
opt-in source shall, on or after the effective date of the opt-in permit 
as specified in Sec. 74.14(d), submit a letter requesting the opening of 
an allowance account in the Allowance Tracking System to the 
Administrator.