[Code of Federal Regulations]

[Title 15, Volume 3]

[Revised as of January 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 15CFR970.208]



[Page 317]

 

                  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 B_Applications

 

Sec. 970.208  Fee.



    (a) General. Section 104 of the Act provides that no application for 

the issuance or transfer of an exploration license will be certified 

unless the applicant pays to NOAA a reasonable administrative fee, which 

must reflect the reasonable administrative costs incurred in reviewing 

and processing the application.

    (b) Amount. In order to meet this requirement, the application must 

include a fee payment of $100,000, payable to the National Oceanic and 

Atmospheric Administration, Department of Commerce. If costs incurred by 

NOAA in reviewing and processing an application are significantly less 

than or in excess of the original fee, the agency subsequently will 

determine those differences in costs and adjust the fee accordingly. If 

the costs are significantly less, NOAA will refund the difference. If 

they are significantly greater, the applicant will be required to submit 

the additional payment prior to issue or transfer of the license. In the 

case of an application for transfer of a license to an entity which has 

previously been found qualified for a license, the Administrator may, on 

the basis of pre-application consultations pursuant to Sec. 970.200(d), 

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. If an applicant elects to pursue the `banking' 

option under Sec. 970.601(d), and exercises that option by submitting 

two applications, only one application fee needs to be submitted with 

respect to each use of the `banking' option.



[46 FR 45898, Sept. 15, 1981, as amended at 47 FR 5966, 5968, Feb. 9, 

1982]



                               Procedures