[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: 15CFR971.425]

[Page 355]
 
                  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 D--Issuance/Transfer: Terms, Conditions and Restrictions
 
Sec. 971.425  Changes of circumstances.

    Each permit must require the permittee to advise the Administrator 
of any changes of circumstances which might constitute a revision which 
would be a major change under Sec. 971.412(c). Changes in ownership, 
financing, and use conflicts are examples, as are technology or 
methodology changes including those which might result in significant 
adverse environmental effects.