§ 285.415 - What is a lease or grant suspension?  


Latest version.
  • § 285.415 What is a lease or grant suspension?

    (a) A suspension is an interruption of the term of your lease or grant that may occur as ordered by BSEE, as provided in § 285.417; or as approved or ordered by BOEM, as provided in 30 CFR 585.416 and 585.417.

    (b) A suspension extends the term of your lease or grant for the length of time the suspension is in effect.

    (c) Activities may not be conducted on your lease or grant during the period of a suspension except as expressly authorized under the terms of the suspension.