Code of Federal Regulations (alpha)

CFR /  Title 40  /  Part 74  /  Sec. 74.41 Identifying allowances.

(a) Identifying allowances. Allowances allocated to an opt-in source will be assigned a serial number that identifies them as being allocated under an opt-in permit.

(b) Submittal of opt-in allowances for auction. (1) An authorized account representative may offer for sale in the spot auction under Sec. 73.70 of this chapter allowances that are allocated to opt-in sources, if the allowances have a compliance use date earlier than the year in which the spot auction is to be held and if the Administrator has completed the deductions for compliance under Sec. 73.35(b) for the compliance year corresponding to the compliance use date of the offered allowances.

(1) An authorized account representative may offer for sale in the spot auction under Sec. 73.70 of this chapter allowances that are allocated to opt-in sources, if the allowances have a compliance use date earlier than the year in which the spot auction is to be held and if the Administrator has completed the deductions for compliance under Sec. 73.35(b) for the compliance year corresponding to the compliance use date of the offered allowances.

(2) Authorized account representatives may not offer for sale in the advance auctions under Sec. 73.70 of this chapter allowances allocated to opt-in sources.