§ 97.524 Compliance with CSAPR NOX Ozone Season Group 1 emissions limitation.
(a) Availability for deduction for compliance. CSAPR NOX Ozone Season Group 1 allowances are available to be deducted for compliance with a source's CSAPR NOX Ozone Season Group 1 emissions limitation for a control period in a given year only if the CSAPR NOX Ozone Season Group 1 allowances:
(1) Were allocated or auctioned for such control period or a control period in a prior year; and
(2) Are held in the source's compliance account as of the allowance transfer deadline for such control period.
(b) Deductions for compliance. After the recordation, in accordance with § 97.523, of CSAPR NOX Ozone Season Group 1 allowance transfers submitted by the allowance transfer deadline for a control period in a given year, the Administrator will deduct from each source's compliance account CSAPR NOX Ozone Season Group 1 allowances available under paragraph (a) of this section in order to determine whether the source meets the CSAPR NOX Ozone Season Group 1 emissions limitation for such control period, as follows: