[Code of Federal Regulations]
[Title 15, Volume 3]
[Revised as of January 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 15CFR970.303]

[Page 324]
 
                  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 C_Procedures for Applications Based on Exploration Commenced 
    Before June 28, 1980; Resolution of Conflicts Among Overlapping 
               Applications; Applications by New Entrants
 
Sec. 970.303  Procedures for new entrants.

    (a) Filing of new entrant applications or amendments; priority of 
right. New entrant applications or amendments must be filed in 
accordance with Sec. 970.200. A new entrant may file an application or 
amendment only at or after 1500 hours G.m.t. (11:00 a.m. EDT) January 3, 
1983. All applications or amendments filed at that time shall be deemed 
to be filed simultaneously, and, if in accordance with Sec. 970.209, 
shall have priority of right over any application or amendment filed 
subsequently. Priority of right for any application or amendment filed 
after that time will be established as described in Sec. 970.209.
    (b) Conflicts. (1) If a domestic conflict exists between or among 
new entrant applications or amendments, the applicants involved in the 
conflict shall resolve it.
    (2) If an international conflict exists between or among new entrant 
applications or amendments, the conflict shall be resolved in accordance 
with applicable conflict resolution procedures agreed to between the 
United States and its reciprocating States pursuant to section 118 of 
the Act. The Administrator will provide each domestic applicant involved 
in an international conflict a copy of any such procedures in force when 
the Administrator issues notice to the applicant that an international 
conflict exists. Each applicant whose application is involved in an 
international conflict shall be responsible for actions required in the 
conduct of the conflict resolution procedures, including bearing a 
proportional cost of implementing the procedures, representing himself 
in any proceedings, and assisting in the selection of arbitrators if 
necessary.