Allowance deduction definition
Allowance deduction means the withdrawal of allowances for permanent retirement by the Administrator from a NOx Allowance Tracking System account pursuant to Section 38.12 of this regulation.
Allowance deduction means the withdrawal of NOx allowances for permanent retirement by the Administrator from a compliance account or overdraft account for purposes of annual reconciliation or other surrender obligations under this section, or from a general account for other deductions not directly related to
Allowance deduction means the withdrawal of allowances for permanent retirement by the Administrator from a compliance account or overdraft account for purposes of annual reconciliation, or from a general account for other deductions not directly related to compliance.
More Definitions of Allowance deduction
Allowance deduction means the withdrawal by the NATS Administrator of one or more allowances from a NOx Allowance Tracking System general account or compliance account and the recording of such allowances in a retirement account. As prescribed in the procedures at N.J.A.C. 7:27-31.17 and 31.19, allowance deduction events relating to end-of-season reconciliation and penalty deductions may only be made from compliance accounts. As prescribed at N.J.A.C. 7:27-31.10, allowance deduction events relating to voluntary retirement may be made from a compliance account or a general account.