NO X Budget opt-in permit contents.

(a) Each NO X Budget opt-in permit will contain all elements required for a complete NO X Budget opt-in permit application under § 97.22. (b) Each NO X Budget opt-in permit is deemed to incorporate automatically the definitions of terms under § 97.2 and, upon recordation by the Administrator under subpart F or G of this part, every allocation, transfer, or deduction of NO X allowances to or from the compliance accounts of each NO X Budget opt-in unit covered by the NO X Budget opt-in permit or the overdraft account of the NO X Budget source where the NO X Budget opt-in unit is located.