NYGATS Settlement occurs annually. Certificates can be transferred or retired at any time
before the Settlement associated with the Certificate Vintage, which occurs on June 30th following the end of the vintage year. Certificates that have been Banked can, at any time before or after Settlement, be retired, exported to a Compatible Certificate Tracking System, transferred to a Banked Sub-Account or transferred to another Account Holder’s Banked Certificate Sub-Account.
Certificates can be transferred anytime by selecting one or multiple batches of Certificates from
an Active or Banked Sub-Account and pressing the “Batch Transfer” button to access the
Certificate Transfer Screen. The Certificate Transfer Screen allows the Account Holder to select
the following Certificate transfer options shown in Table 10.1:
A video version of this article is provided below: