Sec. 27.30.025. Conditional certification.

207 words·~1 min read·/ak/title-27/chapter-30/27-30-025

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)A person may submit a request for conditional certification for the credit when

(1)the person has conducted or intends to conduct exploration activities using an innovative technique;

(2)there exists a substantial question regarding the nature of the exploration data that will be delivered to the department; or

(3)the person contemplates assigning a credit under AS 27.30.060 and there exists a substantial question regarding whether the expenditures will be certified.

(b)A person shall submit a request for conditional certification on a form provided by the department.

(c)The commissioner shall respond to the request within six months from the date of the submission of the request for conditional certification by issuing a letter stating that

(1)under the specific facts and circumstances proposed by the person, the proposed expenditures and data appear eligible for a credit;

(2)there is not adequate information to determine whether the proposed expenditures and data appear to be eligible for a credit; or

(3)the expenditures and data as presented do not appear to be eligible for a credit.

(d)Approval of conditional certification under (c)(1) of this section does not relieve a person from obtaining certification of the credit under AS 27.30.020 .