§ 97.62 Notification.
Current through Aug 22, 2025 · Read all of Part 97
(a) Notification of recordation. Within 5 business days of recordation of a NOX allowance transfer under § 97.61, the Administrator will notify the NOX authorized account representatives of both the transferor and transferee accounts.
(b) Notification of non-recordation. Within 10 business days of receipt of a NOX allowance transfer that fails to meet the requirements of § 97.61(a), the Administrator will notify the NOX authorized account representatives of both accounts subject to the transfer of:
(1) A decision not to record the transfer; and
(2) The reasons for such non-recordation.
(c) Nothing in this section shall preclude the submission of a NOX allowance transfer for recordation following notification of non-recordation.