[Code of Federal Regulations]
[Title 30, Volume 2]
[Revised as of July 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 30CFR203.56]

[Page 20-21]
 
                       TITLE 30--MINERAL RESOURCES
 
                       DEPARTMENT OF THE INTERIOR
 
PART 203--RELIEF OR REDUCTION IN ROYALTY RATES--Table of Contents
 
               Subpart B--OCS Oil, Gas, and Sulfur General
 
Sec. 203.56  Does relief transfer when a lease is assigned?

    Yes. Royalty relief is based on the lease circumstances, not 
ownership. It transfers upon lease assignment.

[[Page 21]]

Royalty Relief For Deep Water Expansion Projects And Pre-Act Deep Water 
                                 Leases