N.J. Admin. Code § 7:27C-2.5

Current through Register Vol. 56, No. 24, December 18, 2024

Section 7:27C-2.5 - Objections concerning the CO[2] authorized account representative

(a) Once the Department has received a complete account certificate of representation under N.J.A.C. 7:27C-2.4, the Department will rely on the account certificate of representation, unless and until the Department receives a superseding complete account certificate of representation under N.J.A.C. 7:27C-2.4.

(b) Except as provided in N.J.A.C. 7:27C-2.3(a), NO[x] objection or other communication submitted to the Department concerning the authorization, or any representation, action, inaction, or submission of the CO[2] authorized account representative will affect any representation, action, inaction, or submission of the CO[2] authorized account representative, or the finality of any decision or order by the Department under the CO[2] Budget Trading Program.

(c) The Department will not decide, or otherwise intervene in, any private legal dispute concerning the authorization of, or any representation, action, inaction, or submission by any CO[2] authorized account representative, including private legal disputes concerning the proceeds of CO[2] allowance transfers.

N.J. Admin. Code § 7:27C-2.5

Adopted by 51 N.J.R. 992(a), effective 6/17/2019