§ 285.903. What are the requirements for decommissioning FERC-licensed hydrokinetic facilities?
69 words·~1 min read·
/us/cfr/t30/s§ 285.903·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
You must comply with the decommissioning requirements in your BOEM-issued lease. If you fail to comply with the decommissioning requirements of your lease then:
(a)BOEM may call for the forfeiture of your bond or other financial assurance;
(b)You remain liable for removal or disposal costs and responsible for accidents or damages that might result from such failure; and
(c)BSEE may take enforcement action under § 285.400.