1. Regulations
  2. title 30
  3. chapter V
  4. part 560
  5. subpart B
  6. subjgrp 252
  7. § 560.211

View all text of Subjgrp 252 [§ 560.210 - § 560.214]

§ 560.211 - When does an eligible lease qualify for a royalty suspension volume?

(a) Your eligible lease will receive a royalty suspension volume as specified in the Act. The bidding system in § 560.110(g) applies.

(b) Your eligible lease may receive a royalty suspension volume only if your entire lease is west of 87 degrees, 30 minutes West longitude.

[76 FR 64623, Oct. 18, 2011. Redesignated at 81 FR 18175, Mar. 30, 2016]

AUTHORITY: Section 104, Public Law 97-451, 96 Stat. 2451 (30 U.S.C. 1714), Public Law 109-432, Div C, Title I, 120 Stat. 3000; 30 U.S.C. 1751; 31 U.S.C. 9701; 43 U.S.C. 1334; 33 U.S.C. 2704, 2716; E.O. 12777, as amended; 43 U.S.C. 1331

SOURCE: 76 FR 64623, Oct. 18, 2011, unless otherwise noted.

CITE AS: 30 CFR 560.211