Code of Federal Regulations · Section
§ 97.355 — Banking
40 C.F.R. § 97.355
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(a) CAIR NOX Ozone Season 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 NOX Ozone Season allowance that is held in a compliance account or a general account will remain in such account unless and until the CAIR NOX Ozone Season allowance is deducted or transferred under § 97.342, § 97.354, § 97.356, or subpart GGGG or IIII of this part.
Authorizing Statute
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Congressional findings and declaration of purpose42 U.S.C. § 7401