N.Y. Comp. Codes R. & Regs. Tit. 6 §§ 242-7.1

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

Section 242-7.1 - Submission of CO[2] allowance transfers

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.

N.Y. Comp. Codes R. & Regs. Tit. 6 §§ 242-7.1

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