15 C.F.R. § 971.418 Diligence requirements.
Title 15 - Commerce and Foreign Trade
The TCRs in each commercial recovery permit must include provisions to assure diligent development consistent with §971.503, including a requirement that recovery at commercial scale be underway within ten years from the date of permit issuance unless that deadline is extended by the Administrator for good cause.
Title 15: Commerce and Foreign Trade
PART 971—DEEP SEABED MINING REGULATIONS FOR COMMERCIAL RECOVERY PERMITS
Subpart D—Issuance/Transfer: Terms, Conditions and Restrictions
Terms, Conditions and Restrictions
§ 971.418 Diligence requirements.
