Section Env-A 4607.02 - Application for CO[2] Allowance Tracking System: General Account(a) Any person who wishes to have a general account for the purpose of holding and transferring CO2 allowances shall request the regional organization to establish a general account in accordance with this section.(b) The application for a general account shall designate one and only one CO2 AAR and no more than one alternate CO2 AAR, who may act on behalf of the CO2 AAR. The agreement by which the alternate CO2 AAR is selected shall include a procedure for authorizing the alternate CO2 AAR to act in lieu of the CO2 AAR.(c) A complete application for a general account shall include the following elements: (1) The name, mailing address, electronic mail address, daytime telephone number, and facsimile transmission number of the CO2 AAR and any alternate CO2 AAR;(2) A list naming each person subject to the binding agreement for the CO2 AAR and any alternate CO2 AAR to represent the person's ownership interest with respect to the CO2 allowances held in the general account; and(3) The following certification statement signed and dated by the CO2 AAR and any alternate CO2 AAR: "I certify that I was selected as the CO2 AAR or the CO2 alternate AAR, as applicable, by an agreement that is binding on all persons who have an ownership interest with respect to CO2 allowances held in the general account. I certify that I have all the necessary authority to carry out my duties and responsibilities under the CO2 Budget Trading Program on behalf of such persons and that each such person shall be fully bound by my representations, actions, inactions, or submissions and by any order or decision issued to me by the department or its agent or a court regarding the general account."
(d) Unless otherwise required by the department, documents of agreement referred to in the application for a general account shall not be submitted to the regional organization. Neither the department nor the regional organization shall have any obligation to review or evaluate the sufficiency of such documents, if submitted.(e) Upon receipt by the regional organization of a complete application for a general account in accordance with this section, the regional organization shall establish a general account for the person or persons for whom the application is submitted.(f) The regional organization shall assign a unique identifying number to each account established under (e), above.(g) Transfers of CO2 allowances pursuant to Env-A 4608 shall be recorded in the general account.N.H. Admin. Code § Env-A 4607.02
#9283, INTERIM, eff 10-1-08, EXPIRED: 3-30-09
New. #9444, eff 4-3-09; ss by #10468, eff 1-1-14
Amended by Volume XL Number 2, Filed January 9, 2020, Proposed by #12967, Effective 1/1/2020, Expires 1/1/2030.