§560.300. Operating allowances.
30 C.F.R. § 560.300
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.
Notes, amendments, and revision history
Amendments
[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
[81 FR 18175, Mar. 30, 2016]