30 C.F.R. § 204.204 What accounting and auditing relief will MMS not allow?
Title 30 - Mineral Resources
MMS will not approve your request for accounting and auditing relief under this subpart if your request: (a) Prohibits MMS or the State from conducting any form of audit; (b) Permanently relieves you from making future royalty reports or payments; (c) Provides for less frequent royalty reports and payments than annually; (d) Provides for you to submit royalty reports and payments at separate times; (e) Impairs MMS's ability to properly or efficiently account for or distribute royalties; (f) Requests relief for a lease under which the Federal Government takes its royalties in kind; (g) Alters production reporting requirements; (h) Alters lease operation or safety requirements; (i) Conflicts with rent, minimum royalty, or lease requirements; or (j) Requests relief for production from a marginal property located in whole or in part in a State that has determined that it will not allow such relief under §204.208.
Title 30: Mineral Resources
PART 204—ALTERNATIVES FOR MARGINAL PROPERTIES
Subpart C—Accounting and Auditing Relief
§ 204.204 What accounting and auditing relief will MMS not allow?
