[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: 15CFR970.501]

[Page 327]
 
                  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. 970.501  Proposal to issue or transfer and of terms, conditions and 
restrictions.

    (a) Notice and comment. The Administrator will publish in the 
Federal Register notice of each proposal to issue or transfer, and of 
terms and conditions for, and restrictions on, an exploration license. 
Subject to 15 CFR 971.802, interested persons will be permitted to 
examine the materials relevant to such proposals. Interested persons 
will have at least 60 days after publication of such notice to submit 
written comments to the Administrator.
    (b) Hearings. (1) The Administrator will hold a public hearing in an 
appropriate location and may employ such additional methods as he deems 
appropriate to inform interested persons about each proposal and to 
invite their comments thereon.
    (2) If the Administrator determines there exists one or more 
specific and material factual issues which require resolution by formal 
processes, at least one formal hearing will be held in the District of 
Columbia metropolitan area in accordance with the provisions of subpart 
I of 15 CFR part 971. The record developed in any such formal hearing 
will be part of the basis for the Administrator's decisions on issuance 
or transfer of, and of terms, conditions and restrictions for the 
license.
    (c) Hearings held pursuant to this section will be consolidated 
insofar as

practicable with hearings held by other agencies.

[46 FR 45903, Sept. 15, 1981, as amended at 54 FR 548, Jan. 6, 1989]