[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: 15CFR970.501]



[Page 326]

 

                  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]