§ 1218.152. Fishermen's Contingency Fund.
94 words·~1 min read·
/us/cfr/t30/s§ 1218.152·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Upon the establishment of the Fishermen's Contingency Fund, any holder of a lease issued or maintained under the Outer Continental Shelf Lands Act and any holder of an exploration permit or of an easement or right-of-way for the construction of a pipeline, shall pay an amount specified by the Director, ONRR, who shall assess and collect the specified amount from each holder and deposit it into the Fund. With respect to prelease exploratory drilling permits, the amount will be collected at the time of issuance of the permit. \[52 FR 5458, Feb. 23, 1987\]