|(a) Allowances not used for compliance during a control period
may be banked for use in subsequent control periods. Allowances may only be
used for the control period for which they were allocated or subsequent control
periods, and may only be used within the same region where they were originally
(b) Allowances may be traded at any time during the control
(1) Only authorized account representatives may trade allowances.
(2) Notification of trades must occur within 30 days after
(c) Allowance trades are prohibited prior to May 1, 2003.
(d) Traded allowances held in compliance accounts must have
originated from electric generating facilities in the same region.
(e) Allowances may be held only in compliance accounts for
use by EGFs located in the region in which the allowances were originally
allocated or in broker accounts.