§585.415. What is a lease or grant suspension? — Inbound Citations
30 C.F.R. § 585.415
Statutory Authority
Cited by 1 regulation in release Current.
Citations to 30 C.F.R. § 585.415 as a whole
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(4) A commercial lease has an operations period of 35 years; or the duration specified in the lease; or the duration included and approved as part of your COP. The operations period begins when the requirements of 30 CFR 285.637(a) are met through the submission of final reports and records for your project. Additional time may be added to the operations period through a lease suspension under § 585.415 issued during this period; a lease extension requested pursuant to paragraph (b) of this section; or a lease renewal under § 585.425.