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U.S. Code as of:
01/19/04
Section 7624. Cost of vapor recovery equipment
(a) Costs to be borne by owner of retail outlet
The regulations under this chapter applicable to vapor recovery
with respect to mobile source fuels at retail outlets of such fuels
shall provide that the cost of procurement and installation of such
vapor recovery shall be borne by the owner of such outlet (as
determined under such regulations). Except as provided in
subsection (b) of this section, such regulations shall provide that
no lease of a retail outlet by the owner thereof which is entered
into or renewed after August 7, 1977, may provide for a payment by
the lessee of the cost of procurement and installation of vapor
recovery equipment. Such regulations shall also provide that the
cost of procurement and installation of vapor recovery equipment
may be recovered by the owner of such outlet by means of price
increases in the cost of any product sold by such owner,
notwithstanding any provision of law.
(b) Payment by lessee
The regulations of the Administrator referred to in subsection
(a) of this section shall permit a lease of a retail outlet to
provide for payment by the lessee of the cost of procurement and
installation of vapor recovery equipment over a reasonable period
(as determined in accordance with such regulations), if the owner
of such outlet does not sell, trade in, or otherwise dispense any
product at wholesale or retail at such outlet.
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