W. Va. Code R. § 45-41-61

Current through Register Vol. XLI, No. 50, December 13, 2024

Section 45-41-61 - U.S. EPA Recordation

61.1. Within 5 business days (except as necessary to perform a transfer in perpetuity of CAIR SO₂ allowances allocated to a CAIR SO₂ unit or as provided in subsection 61.2) of receiving a CAIR SO₂ allowance transfer, the Administrator will record a CAIR SO₂ allowance transfer by moving each CAIR SO₂ allowance from the transferor account to the transferee account as specified by the request, provided that:

61.1.a. The transfer is correctly submitted under section 60;

61.1.b. The transferor account includes each CAIR SO₂ allowance identified by serial number in the transfer; and

61.1.c. The transfer is in accordance with the limitation on transfer under 40 CFR §§74.42 and 74.47 (c), as applicable.

61.2. CAIR SO₂ allowance transfer that is submitted for recordation after the allowance transfer deadline for a control period and that includes any CAIR SO₂ allowances allocated for any control period before such allowance transfer deadline will not be recorded until after the Administrator completes the deductions under section 54 for the control period immediately before such allowance transfer deadline.

61.3. Where a CAIR SO₂ allowance transfer submitted for recordation fails to meet the requirements of subsection 61.1, the Administrator will not record such transfer.

W. Va. Code R. § 45-41-61