Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 30 - Mineral Resources |
Chapter II - Bureau of Safety and Environmental Enforcement, Department of the Interior |
SubChapter A - Minerals Revenue Management |
Part 206 - PRODUCT VALUATION |
Subpart C - Federal Oil |
§ 206.121 - Is there any grace period for reporting and paying royalties after this subpart becomes effective?
Latest version.
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You may adjust royalties reported and paid for the three production months beginning June 1, 2000, without liability for late payment interest. This section applies only if the adjustment results from systems changes needed to comply with new requirements imposed under this subpart that were not requirements under the predecessor rule.
Effective Date Note: At 69 FR 24979, May 5, 2004, § 206.121 was removed, effective July 6, 2004. At 69 FR 29432, May 24, 2004, the effective date was changed to Aug. 1, 2004.