§ 145.57. Closing of general accounts.
(a) The NOx authorized account representative of a general account may instruct the NOx Budget Administrator to close the account by submitting a statement requesting deletion of the account from the NOx Allowance Tracking System and by correctly submitting for recordation under § 145.60 (relating to submission of NOx allowance transfers) an allowance transfer of all NOx allowances in the account to one or more other NOx Allowance Tracking System accounts.
(b) If a general account shows no activity for 1 year or more and does not contain any NOx allowances, the NOx Budget Administrator may notify the NOx authorized account representative for the account that the account will be closed and deleted from the NOx Allowance Tracking System following 20 business days after the notice is sent. The account will be closed after the 20-day period unless before the end of the 20-day period the NOx Budget Administrator receives a correctly submitted transfer of NOx allowances into the account under § 145.60 or a statement submitted by the NOx authorized account representative requesting that the account should not be closed.
Cross References This section cited in 25 Pa. Code § 145.4 (relating to applicability); 25 Pa. Code § 145.5 (relating to retired unit exemption); and 25 Pa. Code § 145.81 (relating to opt-in source general provisions).
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