[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: 15CFR970.517]



[Page 331]

 

                  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. 970.517  Diligence requirements.



    The terms, conditions and restrictions in each exploration license 

must include provisions to assure diligent development. The 

Administrator will establish these pursuant to Sec. 970.602.