CFR > Title 40 - Protection of Environment > CHAPTER I—ENVIRONMENTAL PROTECTION AGENCY > SUBCHAPTER C—AIR PROGRAMS (Parts 50–99) > PART 96—NO X BUDGET TRADING PROGRAM AND CAIR NO X AND SO2 TRADING PROGRAMS FOR STATE IMPLEMENTATION PLANS > SUBPART FFF—CAIR SO 2 Allowance Tracking System (§96.250 to §96.257) > 96.255—Banking.

96.255—Banking.

(a) CAIR SO2 allowances may be banked for future use or transfer in a compliance account or a general account in accordance with paragraph (b) of this section.
(b) Any CAIR SO2 allowance that is held in a compliance account or a general account will remain in such account unless and until the CAIR SO2 allowance is deducted or transferred under § 96.254, § 96.256, or subpart GGG or III of this part.

Code of Federal Regulations

[70 FR 25362, May 12, 2005, as amended at 71 FR 25389, Apr. 28, 2006]