§1033.722. Transferring emission credits.
40 C.F.R. § 1033.722
Credit transfer is the conveying of control over credits, either—
From a certifying manufacturer/remanufacturer to an owner/operator.
From an owner/operator to a certifying manufacturer/remanufacturer.
Transferred credits can be—
Used by a certifying manufacturer/remanufacturer in averaging.
Transferred again within the model year.
Reserved for later banking. Transferred credits may not be traded unless they have been previously banked.
Owners/operators participating in credit transfers must submit the reports specified in § 1033.730.
Notes, amendments, and revision history
Authority
Authority: 42 U.S.C. 7401-7671q.
Source
Source: 73 FR 37197, June 30, 2008, unless otherwise noted.