Code of Federal Regulations (Last Updated: May 6, 2024) |
Title 30 - Mineral Resources |
Chapter II - Bureau of Safety and Environmental Enforcement, Department of the Interior |
SubChapter B - Offshore |
Part 285 - [Reserved] |
Subpart D - Lease and Grant Administration |
Lease or Grant Renewal |
§ 285.428 - What effect does applying for a renewal have on my activities and payments?
Latest version.
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If you timely request a renewal:
(a) You may continue to conduct activities approved under your lease or grant under the original terms and conditions for as long as your request is pending decision by MMS.
(b) You may request a suspension of your lease or grant, as provided in § 285.416, while we consider your request.
(c) For the period MMS considers your request for renewal, you must continue to make all payments in accordance with the original terms and conditions of your lease or grant.