N.Y. Comp. Codes R. & Regs. Tit. 6 §§ 242-2.5

Current through Register Vol. 46, No. 51, December 18, 2024

Section 242-2.5 - Objections concerning the CO[2] authorized account representative

(a) Once a complete account certificate of representation under section 242-2.4 of this Subpart has been submitted and received, the department and its agent will rely on the account certificate of representation unless and until the department or its agent receives a superseding complete account certificate of representation under section 242-2.4 of this Subpart.

(b) Except as provided in subdivision 242-2.3(a) or (b) of this Subpart, no objection or other communication submitted to the department or its agent concerning the authorization, or any representation, action, inaction, or submission of the CO₂ authorized account representative shall affect any representation, action, inaction, or submission of the CO₂ authorized account representative or the finality of any decision or order by the department or its agent under the CO₂ Budget Trading Program.

(c) Neither the department nor its agent will adjudicate any private legal dispute concerning the authorization or any representation, action, inaction, or submission of any CO₂ authorized account representative, including private legal disputes concerning the proceeds of CO₂ allowance transfers.

N.Y. Comp. Codes R. & Regs. Tit. 6 §§ 242-2.5

Amended New York State Register December 16, 2020/Volume XLII, Issue 50, eff. 12/31/2020