30 C.F.R. § 203.66 What happens if MMS does not act in the time allowed?
Title 30 - Mineral Resources
If we do not act within the timeframes established under §203.65, you get royalty relief according to the following table. [67 FR 1875, Jan. 15, 2002]
Title 30: Mineral Resources
PART 203—RELIEF OR REDUCTION IN ROYALTY RATES
Subpart B—OCS Oil, Gas, and Sulfur General
Royalty Relief For Deep Water Expansion Projects And Pre-Act Deep Water Leases
§ 203.66 What happens if MMS does not act in the time allowed?
------------------------------------------------------------------------ And we do not If you apply for royalty relief decide within the As long as you for time specified------------------------------------------------------------------------(a) An authorized field......... You get the Abide by minimum §§ suspension 203.70 and volumes specified 203.76. in § 203.69.(b) An expansion project........ You get a royalty Abide by suspension for §§ the first year of 203.70 and production. 203.76.(c) A development project....... You get a royalty Abide by suspension for §§ initial 203.70 and production for 203.76. the number of months that a decision is delayed beyond the stipulated timeframes set by § 203.65, plus all the royalty suspension volume for which you qualify.------------------------------------------------------------------------
