§ 3610.1-4 - Refunds or credits.  


Latest version.
  • (a) Refunds or credits may be made to the permittee:

    (1) If upon expiration total payments made exceed the total value of mineral materials covered by the contract;

    (2) If it is determined by the authorized officer that insufficient mineral materials existed in the sales area to fulfill the terms of the contract; or

    (3) If materials paid for are unavailable as a result of termination of a contract, as provided in § 3610.1-3(b) of this title.

    (b) Refunds of credits may not be made where the total payment made by a permittee does not exceed the administrative cost of processing the disposal action.

    (c) Payments made in lieu of production, as provided in § 3610.1-3(a)(5), may be credited to future production, but not refunded, unless upon expiration, the total value of payments made exceeds the total value of mineral materials covered by the contract. Payments made in lieu of production prior to termination or relinquishment of contract will not be refunded.