2015 US Code
Title 42 - The Public Health and Welfare (Sections 1 - 18445)
Chapter 85 - Air Pollution Prevention and Control (Sections 7401 - 7671q)
Subchapter VI - Stratospheric Ozone Protection (Sections 7671 - 7671q)
Sec. 7671o - Transfers among Parties to Montreal Protocol
| Publication Title | United States Code, 2012 Edition, Supplement 3, Title 42 - THE PUBLIC HEALTH AND WELFARE |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 42 - THE PUBLIC HEALTH AND WELFARE CHAPTER 85 - AIR POLLUTION PREVENTION AND CONTROL SUBCHAPTER VI - STRATOSPHERIC OZONE PROTECTION Sec. 7671o - Transfers among Parties to Montreal Protocol |
| Contains | section 7671o |
| Date | 2015 |
| Laws In Effect As Of Date | January 3, 2016 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | July 14, 1955, ch. 360, title VI, §616, as added Pub. L. 101-549, title VI, §602(a), Nov. 15, 1990, 104 Stat. 2669. |
| Statutes at Large Reference | 104 Stat. 2669 |
| Public and Private Law | Public Law 101-549 |
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Consistent with the Montreal Protocol, the United States may engage in transfers with other Parties to the Protocol under the following conditions:
(1) The United States may transfer production allowances to another Party if, at the time of such transfer, the Administrator establishes revised production limits for the United States such that the aggregate national United States production permitted under the revised production limits equals the lesser of (A) the maximum production level permitted for the substance or substances concerned in the transfer year under the Protocol minus the production allowances transferred, (B) the maximum production level permitted for the substance or substances concerned in the transfer year under applicable domestic law minus the production allowances transferred, or (C) the average of the actual national production level of the substance or substances concerned for the 3 years prior to the transfer minus the production allowances transferred.
(2) The United States may acquire production allowances from another Party if, at the time of such transfer, the Administrator finds that the other Party has revised its domestic production limits in the same manner as provided with respect to transfers by the United States in this subsection.
(b) Effect of transfers on production limitsThe Administrator is authorized to reduce the production limits established under this chapter as required as a prerequisite to transfers under paragraph (1) of subsection (a) of this section or to increase production limits established under this chapter to reflect production allowances acquired under a transfer under paragraph (2) of subsection (a) of this section.
(c) RegulationsThe Administrator shall promulgate, within 2 years after November 15, 1990, regulations to implement this section.
(d) "Applicable domestic law" definedIn the case of the United States, the term "applicable domestic law" means this chapter.
(July 14, 1955, ch. 360, title VI, §616, as added Pub. L. 101–549, title VI, §602(a), Nov. 15, 1990, 104 Stat. 2669.)
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