30 C.F.R. § 206.120   How are operating allowances determined?


Title 30 - Mineral Resources


Title 30: Mineral Resources
PART 206—PRODUCT VALUATION
Subpart C—Federal Oil

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§ 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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