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 1206 - Product Valuation |
Subpart D - Federal Gas |
§ 1206.147 - When is an ONRR audit, review, reconciliation, monitoring, or other like process considered final?
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§ 1206.147 When is an ONRR audit, review, reconciliation, monitoring, or other like process considered final?
Notwithstanding any provision in these regulations to the contrary, ONRR does not consider any audit, review, reconciliation, monitoring, or other like process that results in ONRR re-determining royalty due, under this subpart, final or binding as against the Federal government or its beneficiaries unless ONRR chooses to, in writing, formally close the audit period.