New York Codes Rules Regulations (Last Updated: March 27,2024) |
TITLE 6. Department of Environmental Conservation |
Chapter III. Air Resources |
Subchapter A. Prevention and Control of Air Contamination and Air Pollution |
Part 242. CO2 Budget Trading Program |
Subpart 242-7. CO2 Allowance Transfers |
Sec. 242-7.1. Submission of CO2 allowance transfers
Latest version.
- The CO2 authorized account representatives seeking recordation of a CO2 allowance transfer shall submit the transfer to the department or its agent. To be considered correctly submitted, the CO2 allowance transfer shall include the following elements in a format specified by the department or its agent:(a) the numbers identifying both the transferor and transferee accounts;(b) a specification by serial number of each CO2 allowance to be transferred;(c) the printed name and signature of the CO2 authorized account representative of the transferor account and the date signed;(d) the date of the completion of the last sale or purchase transaction for the allowance, if any; and(e) the purchase or sale price of the allowance that is the subject of a sale or purchase transaction under subdivision (d) of this section.