Code of Federal Regulations (Last Updated: November 8, 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 |
§ 1208.15 - Audits.
Latest version.
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§ 1208.15 Audits.
Audits of the accounts and books of lessees, operators, payors, and/or purchasers of royalty oil taken in kind may be made annually or at such other times as may be directed by ONRR. Such audits will be for the purpose of determining compliance with applicable statutes, regulations, and royalty oil contracts. ONRR may require you to provide records for the audit by one or more of the methods specified in 30 CFR 1217.10.
[88 FR 53793, Aug. 9, 2023]