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TITLE 30 - MINERAL RESOURCES
CHAPTER II - MINERALS MANAGEMENT SERVICE, DEPARTMENT OF THE INTERIOR
SUBCHAPTER A - ROYALTY MANAGEMENT
PART 206 - PRODUCT VALUATION
subpart c - FEDERAL OIL
206.120 - How are operating allowances determined?
MMS may use an operating allowance for the purpose of computing payment obligations when specified in the notice of sale and the lease. MMS will specify the allowance amount or formula in the notice of sale and in the lease agreement.
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