40 CFR 96.355 - Banking.

Regulations last checked for updates: May 18, 2024

Title 40 - Protection of Environment last revised: May 16, 2024

View all text of Subpart FFFF [§ 96.350 - § 96.357]

§ 96.355 - Banking.

(a) CAIR NOX Ozone Season allowances may be banked for future use or transfer in a compliance account or a general account in accordance with paragraph (b) of this section.

(b) Any CAIR NOX Ozone Season allowance that is held in a compliance account or a general account will remain in such account unless and until the CAIR NOX Ozone Season allowance is deducted or transferred under § 96.354, § 96.356, or subpart GG of this part.

[70 FR 25382, May 12, 2005, as amended at 71 FR 25395, Apr. 28, 2006] Editorial Note:At 71 FR 25395, Apr. 28, 2006, § 96.355 was amended; however, the amendment could not be incorporated due to inaccurate amendatory instruction.

authority: 42 U.S.C. 7401,7403,7410,7601,and,

source: 63 FR 57514, Oct. 27, 1998, unless otherwise noted.

cite as: 40 CFR 96.355