30 CFR 560.300 - Operating allowances.

Regulations last checked for updates: May 18, 2024

Title 30 - Mineral Resources last revised: May 15, 2024

View all text of Subpart C [§ 560.300 - § 560.300]

§ 560.300 - Operating allowances.

Notwithstanding any other provision in the regulations in this part, BOEM may issue a lease containing an operating allowance when so specified in the final notice of sale and the lease. The allowance amount or formula will be specified in the final notice of sale and in the lease.

[81 FR 18175, Mar. 10, 2016]

authority: Section 104, Public Law 97-451, 96 Stat. 2451 (30 U.S.C. 1714), Public Law 109-432, Div C, Title I, 120 Stat. 3000; 30 U.S.C. 1751; 31 U.S.C. 9701; 43 U.S.C. 1334; 33 U.S.C. 2704,2716; E.O. 12777, as amended; 43 U.S.C. 1331

source: 76 FR 64623, Oct. 18, 2011, unless otherwise noted.

cite as: 30 CFR 560.300