<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".09" citation="COMAR 26.09.04.09" title_num="26" subtitle_num="09" chapter_num="04" heading="Notice of Auctions.">
  <paragraph num="A.">
    <text>Notice of CO2 Allowance Auction.</text>
    <paragraph num="(1)">
      <text>A notice of CO2 allowance auction shall be published on the CO2 allowance auction website and in any other publication the Department considers appropriate not later than 45 days before the date upon which the auction may be conducted.</text>
    </paragraph>
    <paragraph num="(2)">
      <text>Failure to publish the notice at least 45 days prior to the auction does not prohibit the Department from conducting an auction, if reasonable notice of the auction is provided.</text>
    </paragraph>
    <paragraph num="(3)">
      <text>Notices may be transmitted electronically to parties requesting notification if they have submitted an electronic mail address to the Department.</text>
    </paragraph>
  </paragraph>
  <paragraph num="B.">
    <text>Each notice shall provide a specific description of the auction format and include, but not be limited to, the following:</text>
    <paragraph num="(1)">
      <text>All auction participant requirements;</text>
    </paragraph>
    <paragraph num="(2)">
      <text>Date, time, and location of the auction;</text>
    </paragraph>
    <paragraph num="(3)">
      <text>Categories of bidders who will be eligible to bid;</text>
    </paragraph>
    <paragraph num="(4)">
      <text>Number of CO2 allowances to be auctioned;</text>
    </paragraph>
    <paragraph num="(5)">
      <text>Required bid format;</text>
    </paragraph>
    <paragraph num="(6)">
      <text>Instructions as to the qualification application;</text>
    </paragraph>
    <paragraph num="(7)">
      <text>Other pertinent rules of the auction;</text>
    </paragraph>
    <paragraph num="(8)">
      <text>Identification of a contact person at the Department for further information; and</text>
    </paragraph>
    <paragraph num="(9)">
      <text>Any other information the Department may consider necessary.</text>
    </paragraph>
  </paragraph>
</regulation>