[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: 15CFR971.208]

[Page 344]
 
                  TITLE 15--COMMERCE AND FOREIGN TRADE
 
CHAPTER IX--NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION, DEPARTMENT 
                               OF COMMERCE
 
PART 971--DEEP SEABED MINING REGULATIONS FOR COMMERCIAL RECOVERY PERMITS--Table of Contents
 
                         Subpart B--Applications
 
Sec. 971.208  Fee.

    (a) General. Section 104 of the Act provides that no application for 
the issuance or transfer of a permit will be certified unless the 
applicant pays to NOAA an administrative fee which reflects the 
reasonable administrative costs incurred in reviewing and processing the 
application.
    (b) Amount. A fee payment of $100,000, payable to the National 
Oceanic and Atmospheric Administration, Department of Commerce, must 
accompany each application. If the administrative costs of reviewing and 
processing the application are significantly less than or in excess of 
$100,000, the Administrator, after determining the amount of the under- 
or over-charge, as applicable, will refund the difference or require the 
applicant to pay the additional amount before issuance or transfer of 
the permit. In the case of an application for transfer of a permit to, 
or for a significant change to a permit held by, an entity which has 
previously been found qualified for a permit, the Administrator may 
reduce the fee in advance by an appropriate amount which reflects costs 
avoided by reliance on previous findings made in relation to the 
proposed transferee.