[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: 15CFR971.208]



[Page 347]

 

                  TITLE 15--COMMERCE AND FOREIGN TRADE

 

CHAPTER IX--NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION, DEPARTMENT 

                               OF COMMERCE

 

PART 971_DEEP SEABED MINING REGULATIONS FOR COMMERCIAL RECOVERY PERMITS

--Table of Contents

 

                         Subpart B_Applications

 

Sec. 971.208  Fee.



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

the issuance or transfer of a permit will be certified unless the 

applicant pays to NOAA an administrative fee which reflects the 

reasonable administrative costs incurred in reviewing and processing the 

application.

    (b) Amount. A fee payment of $100,000, payable to the National 

Oceanic and Atmospheric Administration, Department of Commerce, must 

accompany each application. If the administrative costs of reviewing and 

processing the application are significantly less than or in excess of 

$100,000, the Administrator, after determining the amount of the under- 

or over-charge, as applicable, will refund the difference or require the 

applicant to pay the additional amount before issuance or transfer of 

the permit. In the case of an application for transfer of a permit to, 

or for a significant change to a permit held by, an entity which has 

previously been found qualified for a permit, the Administrator may 

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.