(1) The Director of the State Department of Energy may order the suspension or revocation of a certificate or a portion of a certificate issued under ORS § 469B.291, as provided in ORS § 315.061:

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(a) For the reasons set forth in ORS § 315.061; or

(b) If the director finds that:

(A) The holder of the certificate or the operator of the project has failed to construct or operate the project in compliance with the plans, specifications and contract terms in the certificate; or

(B) The project is no longer in operation.

(2) If the project owner is subject to a performance agreement requiring recertification under ORS § 469B.298, the certificate shall be considered revoked as to any portion of the tax credit that has not previously received approval under a recertification application that was required to have been filed pursuant to ORS § 469B.298. [2011 c.730 § 48; 2015 c.545 § 8; 2019 c.483 § 13]

See note under 469B.276.