30 CFR 203.77 - May I voluntarily give up relief if conditions change?

Code of Federal Regulations - Title 30: Mineral Resources

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Title 30: Mineral Resources

CHAPTER II: MINERALS MANAGEMENT SERVICE, DEPARTMENT OF THE INTERIOR

SUBCHAPTER A: MINERALS REVENUE MANAGEMENT

PART 203: RELIEF OR REDUCTION IN ROYALTY RATES

Subpart B: OCS Oil, Gas, and Sulfur General

: Royalty Relief for Pre-Act Deep Water Leases and for Development and Expansion Projects

203.77 - May I voluntarily give up relief if conditions change

Yes, you may voluntarily give up relief by sending a letter to that effect to the MMS Regional office for your region.

[73 FR 69516, Nov. 18, 2008]

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