[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: 15CFR971.425]



[Page 358]

 

                  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 D_Issuance/Transfer: Terms, Conditions and Restrictions

 

Sec. 971.425  Changes of circumstances.



    Each permit must require the permittee to advise the Administrator 

of any changes of circumstances which might constitute a revision which 

would be a major change under Sec. 971.412(c). Changes in ownership, 

financing, and use conflicts are examples, as are technology or 

methodology changes including those which might result in significant 

adverse environmental effects.