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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 30 - Mineral Resources |
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Chapter V - Bureau of Ocean Energy Management, Department of the Interior |
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SubChapter B - Offshore |
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Part 585 - Renewable Energy and Alternate Uses of Existing Facilities on the Outer Continental Shelf |
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Subpart D - Lease and Grant Administration |
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Lease or Grant Termination |
§ 585.432 - When does my lease or grant terminate?
Latest version.
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§ 585.432 When does my lease or grant terminate?
Your lease or grant terminates on whichever of the following dates occurs first:
(a) The expiration of the applicable term of your lease or grant, unless your term is automatically extended under § 585.235 or § 585.236, a request for renewal of your lease or grant is pending a decision by BOEM, or your lease or grant is suspended or renewed as provided in this subpart;
(c) Relinquishment, as set forth in § 585.435.