Code of Federal Regulations (Last Updated: October 10, 2024) |
Title 30 - Mineral Resources |
Chapter XII - Office of Natural Resources Revenue, Department of the Interior |
SubChapter A - Natural Resources Revenue |
Part 1208 - Sale of Federal Royalty Oil |
Subpart A - General Provisions |
§ 1208.13 - Reporting requirements.
Latest version.
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§ 1208.13 Reporting requirements.
If ONRR underbills a purchaser under a royalty oil contract because of a payor's underreporting or failure to report on Form MMS-2014 pursuant to § 1210.52 of this chapter, the payor will be liable for payment of such underbilled amounts plus interest if they are unrecoverable from the purchaser or the surety instrument related to the contract.
[58 FR 64902, Dec. 10, 1993]