30 CFR 585.421 - How long will a lease or grant suspension be in effect?

Regulations last checked for updates: May 17, 2024

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

View all text of Subpart D [§ 585.400 - § 585.436]

§ 585.421 - How long will a lease or grant suspension be in effect?

A lease or grant suspension will be in effect for the period specified by BOEM.

(a) BOEM will not approve a lease or grant suspension request pursuant to § 585.416 for a period longer than 2 years.

(b) If BOEM determines that the circumstances giving rise to a suspension ordered under § 585.417 cannot be resolved within 5 years, the Secretary may initiate cancellation of the lease or grant.

authority: 43 U.S.C. 1337.

source: 88 FR 6430, Jan. 31, 2023, unless otherwise noted.

cite as: 30 CFR 585.421