![]() |
Code of Federal Regulations (Last Updated: July 5, 2024) |
![]() |
Title 30 - Mineral Resources |
![]() |
Chapter II - Bureau of Safety and Environmental Enforcement, Department of the Interior |
![]() |
SubChapter A - Minerals Revenue Management |
![]() |
Part 230 - RECOUPMENTS AND REFUNDS |
![]() |
Subpart J - Refunds and Recoupments of Overpayments Under Federal Leases on the Outer Continental Shelf; Implementation of Section 10 of the Outer Continental Shelf Lands Act |
§ 230.451 - Scope.
Latest version.
-
This subpart establishes the procedures that lessees and other persons who make royalty and other payments on Federal oil and gas leases on the Outer Continental Shelf (OCS) must follow to recover certain excess payments made in connection with their leases in accordance with section 10 of the Outer Continental Shelf Lands Act (section 10), 43 U.S.C. 1339. The requirements of this subpart apply to both requests for refund from the Treasury of excess payments and requests to recover excess payments by recouping the amount through a credit adjustment. This subpart applies only to Federal leases on the OCS.