Or. Admin. Code § 340-273-0590

Current through Register Vol. 63, No. 12, December 1, 2024

Section 340-273-0590 - Recordkeeping Requirements Related to Trading

(1) A covered entity that transfers one or more compliance instruments in a trade according to OAR 340-273-0510 must retain the following records related to each trade, in paper or electronic format for a period of at least seven years following the submission date of a complete compliance instrument trade form:

(a) A copy of each compliance instrument trade form submitted to DEQ;

(b) A copy of any invoice or documentation of monetary payment received related to the trade;

(c) A statement from a financial institution showing receipt of any payment for the compliance instrument;

(d) Documentation of any service or other qualitative compensation received related to the trade; and

(e) A copy of all other data, reports, or other information related to the trade.

(2) A covered entity that acquires one or more compliance instruments in a trade according to OAR 340-273-0510 must retain the following records related to each trade, in paper or electronic format for a period of at least seven years following the submission date of a complete compliance instrument trade form:

(a) A copy of each compliance instrument trade form submitted to DEQ;

(b) A copy of any invoice or documentation of monetary payment related to the trade;

(c) A statement from a financial institution showing any payment for the compliance instrument;

(d) Documentation of any service or other qualitative compensation provided related to the trade; and

(e) A copy of all other data, reports, or other information related to the trade.

(3) Covered entities must make the records retained according to this rule available to DEQ upon request. DEQ will specify the date by which the covered entity must fulfill a records request from DEQ.

Or. Admin. Code § 340-273-0590

DEQ 18-2024, adopt filed 11/22/2024, effective 11/22/2024

Statutory/Other Authority: ORS 468.020, 468A.025, 468A.040 & 468A.050

Statutes/Other Implemented: ORS 468.020, 468A.025, 468A.040, 468A.050, 468.035, 468A.010, 468A.015 & 468A.045