§ 560.211. When does an eligible lease qualify for a royalty suspension volume?
60 words·~1 min read·
/us/cfr/t30/s§ 560.211·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(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. \[76 FR 64623, Oct. 18, 2011. Redesignated at 81 FR 18175, Mar. 30, 2016\]