[Code of Federal Regulations]
[Title 15, Volume 3]
[Revised as of January 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 15CFR970.517]

[Page 328]
 
                  TITLE 15--COMMERCE AND FOREIGN TRADE
 
CHAPTER IX--NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION, DEPARTMENT 
                               OF COMMERCE
 
PART 970--DEEP SEABED MINING REGULATIONS FOR EXPLORATION LICENSES--Table of Contents
 
     Subpart E--Issuance/Transfer/Terms, Conditions and Restrictions
 
Sec. 970.517  Diligence requirements.

    The terms, conditions and restrictions in each exploration license 
must include provisions to assure diligent development. The 
Administrator will establish these pursuant to Sec. 970.602.