§560.101. What is the purpose of this part?
30 C.F.R. § 560.101
This part 560 implements the Outer Continental Shelf Lands Act (OCSLA), 43 U.S.C. 1331 et seq., as amended, by providing regulations to foster competition including, but not limited to:
Implementing alternative bidding systems;
Prohibiting joint bidding for development rights by certain types of joint ventures; and
Establishing diligence requirements for Federal OCS leases.
Notes, amendments, and revision history
Amendments
[76 FR 64623, Oct. 18, 2011. Redesignated at 81 FR 18175, Mar. 30, 2016]
Authority
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 et seq., 43 U.S.C. 1337.
Source
Source: 76 FR 64623, Oct. 18, 2011, unless otherwise noted.
Amendments
[76 FR 64623, Oct. 18, 2011. Redesignated at 81 FR 18175, Mar. 30, 2016]