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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 II - Bureau of Safety and Environmental Enforcement, Department of the Interior |
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SubChapter A - Minerals Revenue Management |
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Part 203 - Relief or Reduction in Royalty Rates |
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Subpart B - OCS Oil, Gas, and Sulfur General |
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Royalty Relief for Pre-Act Deep Water Leases and for Development and Expansion Projects |
§ 203.77 - May I voluntarily give up relief if conditions change?
Latest version.
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§ 203.77 May I voluntarily give up relief if conditions change?
Yes, you may voluntarily give up relief by sending a letter to that effect to the BSEE Regional office for your region.