[Code of Federal Regulations]
[Title 40, Volume 18]
[Revised as of July 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 40CFR96.53]
[Page 689]
TITLE 40--PROTECTION OF ENVIRONMENT
CHAPTER I--ENVIRONMENTAL PROTECTION AGENCY (CONTINUED)
PART 96--NOX Budget Trading Program for State Implementation
Plans--Table of Contents
Subpart F--NOX Allowance Tracking System
Sec. 96.53 Recordation of NOX allowance allocations.
(a) The Administrator will record the NOX allowances for
2003 in the NOX Budget units' compliance accounts and the
allocation set-asides, as allocated under subpart E of this part. The
Administrator will also record the NOX allowances allocated
under Sec. 96.88(a)(1) for each NOX Budget opt-in source in
its compliance account.
(b) Each year, after the Administrator has made all deductions from
a NOX Budget unit's compliance account and the overdraft
account pursuant to Sec. 96.54, the Administrator will record
NOX allowances, as allocated to the unit under subpart E of
this part or under Sec. 96.88(a)(2), in the compliance account for the
year after the last year for which allowances were previously allocated
to the compliance account. Each year, the Administrator will also record
NOX allowances, as allocated under subpart E of this part, in
the allocation set-aside for the year after the last year for which
allowances were previously allocated to an allocation set-aside.
(c) Serial numbers for allocated NOX allowances. When
allocating NOX allowances to and recording them in an
account, the Administrator will assign each NOX allowance a
unique identification number that will include digits identifying the
year for which the NOX allowance is allocated.