§ 1204.200. What is the purpose of this subpart?
67 words·~1 min read·
/us/cfr/t30/s§ 1204.200·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
This subpart explains how you as a lessee or designee may obtain accounting and auditing relief for your Federal onshore or OCS lease production from a marginal property. The two types of accounting and auditing relief that you can receive under this subpart are cumulative reports and payment relief (explained in § 1204.202) and other accounting and auditing relief appropriate for your property (explained in § 1204.203).