Section R307-250-10 - Allowance Transfers(1) Procedure. To transfer allowances, the account representative shall submit the following information to the TSA: (a) the number or numbers identifying the transferor account;(b) the number or numbers identifying the transferee account;(c) the serial number of each allowance to be transferred; and(d) the transferor's account representative's name, signature, and the date of submission.(2) Allowance Transfer Deadline. The allowance transfer deadline is midnight Pacific Standard Time on March 1 of each year, or, if this date is not a business day, midnight of the first business day thereafter, following the end of the control period. By this time, the transfer of the allowances into the WEB source's compliance account must be correctly submitted to the TSA in order to demonstrate compliance under R307-250-12 for that control period.(3) Retirement of Allowances. To permanently retire allowances, the transferor's account representative shall submit the following information to the TSA: (a) the transfer account number identifying the transferor account;(b) the serial number of each allowance to be retired; and(c) the transferor's account representative's name, signature, and the date of submission accompanied by a signed statement acknowledging that each retired allowance is no longer available for future transfers from or to any account.(4) Special Reserve Compliance Accounts. Allowances shall not be transferred out of special reserve compliance accounts. Allowances may be transferred into special reserve compliance accounts in accordance with the procedures in paragraph (1) above.Utah Admin. Code R307-250-10