§ 123.103. General NOx allowance provisions.
(a) NOx allowances shall be allocated, transferred or used as whole NOx allowances. To determine the number of whole NOx allowances, the number of NOx allowances shall be rounded down for decimals less than 0.50 and rounded up for decimals of 0.50 or greater.
(b) A NOx allowance does not constitute a security or other form of property.
(c) Allowances may not be used to meet the requirements of this subchapter prior to the year for which they are allocated.
(d) For the purposes of account reconciliation, NOx allowances allocated for the NOx allowance control period shall be deducted first, and remaining allowances if not otherwise designated by the source shall be deducted on a first-in, first-out basis.
(e) NOx allowances may only be used to comply with § § 123.101, 123.102, 123.104—123.120 and this section.
Source The provisions of this § 123.103 adopted October 31, 1997, effective November 1, 1997, 27 Pa.B. 5683.
Cross References This section cited in 25 Pa. Code § 123.101 (relating to purpose); 25 Pa. Code § 123.108 (relating to source emissions monitoring requirements); 25 Pa. Code § 123.111 (relating to failure to meet source compliance requirements); 25 Pa. Code § 123.112 (relating to source operating permit provision requirements); 25 Pa. Code § 123.113 (relating to source recordkeeping requirements); 25 Pa. Code § 123.115 (relating to initial NOx allowance NOx allocations); 25 Pa. Code § 123.116 (relating to source opt-in provisions); 25 Pa. Code § 123.117 (relating to new NOx affected source provisions); 25 Pa. Code § 123.118 (relating to emission reduction credit provisions); 25 Pa. Code § 123.120 (relating to audit); 25 Pa. Code § 123.121 (relating to NOx Allowance Program transition); and 25 Pa. Code § 145.43 (relating to compliance supplement pool).
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