Table I-Allowance Schedule for Auctions
Year of purchase | Spot auction | Advance auction | Advance auction* |
1993 | 50,000a | 100,000b | |
1994 | 50,000a | 100,000b | 25,000c |
1995 | 50,000a | 100,000b | 25,000c |
1996 | 150,000 | 100,000b | 25,000c |
1997 | 150,000 | 125,000b | 25,000c |
1998 | 150,000 | 125,000b | |
1999 | 150,000 | 125,000b | |
2000 and after | 125,000 | 125,000b |
a Not usable until 1995.
b Not usable until 7 years after purchase.
c Not usable until 6 years after purchase.
*These are unsold advance allowances from the direct sale program for 1993, 1994, 1995, and 1996 respectively.
In addition to the allowances listed above, the Administrator will auction allowances pursuant to paragraph (c) of this section and § 73.72(q) in the amounts and at the times provided for therein.
40 C.F.R. §73.70