CFR > Title 40 - Protection of Environment > CHAPTER I—ENVIRONMENTAL PROTECTION AGENCY > SUBCHAPTER C—AIR PROGRAMS (Parts 50–99) > PART 97—FEDERAL NO X BUDGET TRADING PROGRAM AND CAIR NO X AND SO 2 TRADING PROGRAMS > SUBPART FF—CAIR NO X Allowance Tracking System (§97.150 to §97.157) > 97.155—Banking.

97.155—Banking.

(a) CAIR NOX 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 allowance that is held in a compliance account or a general account will remain in such account unless and until the CAIR NOX allowance is deducted or transferred under § 97.142, § 97.154, § 97.156, or subpart GG or II of this part.