43Units extinguished other than for purpose of reducing final emissions value

43 Units extinguished other than for purpose of reducing final emissions value

(1) If a person is the registered holder of one or more units, the person may request that the Secretary extinguish any or all of those units. (2) The request must be in writing and meet the requirements (if any) prescribed by the rules. (3) Within 15 business days after the request is made, the Secretary must extinguish the units covered by the request by removing the entry for each of those units from the person’s registry account. (4) This section has effect subject to section 46 (Secretary may refuse to extinguish or transfer units).