---
kind: "section"
citation: "10 C.F.R. § 490.705"
title: "10"
number: "490.705"
heading: "Use of credits."
url: "https://uscodex.org/cfr/10/490.705"
---

# §490.705. Use of credits.

- (a) At the request of a fleet or covered person allocated a credit under this subpart, DOE shall, for the model year in which the purchase of a qualifying volume is made, treat that purchase as the acquisition of one alternative fueled vehicle the fleet or covered person is required to acquire under titles III and V of the Energy Policy Act of 1992.
- (b) Except as provided in [paragraph (c)](#c) of this section, credits allocated under this subpart may not be used to satisfy more than 50 percent of the alternative fueled vehicle requirements of a fleet or covered person under titles III and V of the Energy Policy Act of 1992.
- (c) A fleet or covered person that is a biodiesel alternative fuel provider described in [section 490.303](/cfr/10/490.303.md) of this part may use its credits allocated under this subpart to satisfy all of its alternative fueled vehicle requirements under [section 490.302](/cfr/10/490.302.md).
- (d) A fleet or covered person may not trade or bank biodiesel fuel credits.

## Notes

### Amendments

[64 FR 27174, May 19, 1999, as amended at 66 FR 2210, Jan. 11, 2001]

### Source

Source: 64 FR 27174, May 19, 1999, unless otherwise noted.

### Authority

Authority: 42 U.S.C. 7191 et seq.; 42 U.S.C. 13201, 13211, 13220, 13251 et seq; 28 U.S.C. 2461 note.

### Source

Source: 61 FR 10653, Mar. 14, 1996, unless otherwise noted.

### Amendments

[64 FR 27174, May 19, 1999, as amended at 66 FR 2210, Jan. 11, 2001]