- (a) Subject to (b), below, the regional organization shall, within 5 business days of receiving a CO2 allowance transfer request that fully complies with Env-A 4608.01, record the CO2 allowance transfer by moving each CO2 allowance from the transferor account to the transferee account as specified by the request.
(b) A CO2 allowance transfer into or out of a compliance account shall not be recorded until after completion of the deduction for compliance process specified in Env-A 4605.05 if the request:
- (1) Is submitted for recordation following the CO2 allowance transfer deadline; and
- (2) Includes any CO2 allowances from allocation years that fall within a control period or an interim control period prior to or the same as the control period or interim control period to which the CO2 allowance transfer deadline applies.
Source. #9283, INTERIM, eff 10-1-08, EXPIRED: 3-30-09 New. #9444, eff 4-3-09; ss by #10468, eff 1-1-14; ss by #12967, eff 1-1-20