N.J. Admin. Code § 7:27C-6.2

Current through Register Vol. 56, No. 21, November 4, 2024

Section 7:27C-6.2 - Establishment of a COATS account

(a) Upon receipt of a complete account certificate of representation under N.J.A.C. 7:27C-2.4, the Department will establish a compliance account for each CO[2] Budget source for which the account certificate of representation was submitted and will assign a unique identifying number to each such established account.

(b) Upon receipt of a complete application for a general account under N.J.A.C. 7:27C-6.3(b), the Department will establish a general account for the person or persons for whom the application is submitted and will assign a unique identifying number to each such established account.

(c) Once the Department has established a COATS account, all submissions to the Department pertaining to the account, including, but not limited to, submissions concerning the deduction or transfer of CO[2] allowances in the account, shall be made only by the CO[2] authorized account representative.

N.J. Admin. Code § 7:27C-6.2

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