§585.421. How long will a lease or grant suspension be in effect?
30 C.F.R. § 585.421
A lease or grant suspension will be in effect for the period specified by BOEM.
BOEM will not approve a lease or grant suspension request pursuant to § 585.416 for a period longer than 2 years.
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.
Notes, amendments, and revision history
Source
Source: 89 FR 42736, May 15, 2024, unless otherwise noted.
Authority
Authority: 43 U.S.C. 1337.
Source
Source: 88 FR 6430, Jan. 31, 2023, unless otherwise noted.