Current as of October 03, 2022 | Updated by FindLaw Staff
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If you timely request a renewal:
(a) You may continue to conduct activities approved under your lease or grant under the original terms and conditions for as long as your request is pending decision by BOEM.
(b) You may request a suspension of your lease or grant, as provided in § 585.416, while we consider your request.
(c) For the period BOEM considers your request for renewal, you must continue to make all payments in accordance with the original terms and conditions of your lease or grant.
Cite this article: FindLaw.com - Code of Federal Regulations Title 30. Mineral Resources § 30.585.428 What effect does applying for a renewal have on my activities and payments? - last updated October 03, 2022 | https://codes.findlaw.com/cfr/title-30-mineral-resources/cfr-sect-30-585-428/
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