43 C.F.R. · Public Lands: Interior
43 C.F.R. § 3212.18

What are the production incentives for leases?

Title 43 C.F.R. ● ACTIVE Primary Source
Regulatory Text

43 C.F.R. § 3212.18 — What are the production incentives for leases?

§ 3212.18 What are the production incentives for leases? You will receive a production incentive in the form of a temporary 50 percent reduction in your royalties under MMS regulations at 30 CFR 218.307 if: (a) Your lease was in effect prior to August 8, 2005; (b) You do not convert the royalty rates of your lease under § 3212.25; (c) By August 7, 2011, production from or allocated to your lease is utilized for commercial production in a: (1) New facility (see § 3212.22); or (2) Qualified expansion project (see § 3212.21); and (d) The production from your lease is used for the commercial generation of electricity.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
Root-LD Entity Data
◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-CFR43-SEC-035EDE
Entity Class
REGULATION / FEDERAL-CFR-SECTION
Domain Signature
boisestandard.org
Citation
43 C.F.R. § 3212.18
Corpus
CFR — Code of Federal Regulations
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
f6dbe62ca869f81a...
Semantic Edges
Pending — corpus passes queued
The regulatory text of 43 C.F.R. § 3212.18 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
Navigate Corpus — Title 43 C.F.R.
◈ Provenance
boisestandard.org United States Law CFR Title 43 43 C.F.R. § 3212.18