§ 585.421. How long will a lease or grant suspension be in effect?
69 words·~1 min read·
/us/cfr/t30/s§ 585.421·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A lease or grant suspension will be in effect for the period specified by BOEM.
(a)BOEM will not approve a lease or grant suspension request pursuant to § 585.416 for a period longer than 2 years.
(b)If BOEM determines that the circumstances giving rise to a suspension ordered under § 585.417 cannot be resolved within 5 years, the Secretary may initiate cancellation of the lease or grant.