30 C.F.R. § 210.352 Payor information forms.
Title 30 - Mineral Resources
The Payor Information Form (Form MMS–4025) must be filed for each Federal lease on which geothermal royalties (including byproduct royalties) are paid. Where specifically determined by MMS, Form MMS–4025 is also required for all Federal leases on which rent is due. The completed form must be filed by the party who is making the rent or royalty payment (payor) for each revenue source. Form MMS–4025 must be filed no later than 30 days after issuance of a new lease or a modification to an existing lease that changes the paying responsibility on the lease. The Form MMS–4025 shall identify the payor of production royalty, and identify revenue sources and selling arrangements for all leased geothermal resources (including byproducts). After filing the initial form, a new Form MMS–4025 must be filed no later than 30 days after the occurrence of any of the following: (a) Assignment of all or any part of the lease; (b) Production of new product; (c) A change in a selling arrangement; (d) Change in royalty rate; (e) Change of payor; or (f) Abandonment of a lease.
Title 30: Mineral Resources
PART 210—FORMS AND REPORTS
Subpart H—Geothermal Resources
§ 210.352 Payor information forms.
