RS lease

Royalty suspension (RS) lease means a lease that: (1) Is issued as part of an OCS lease sale held after November 28, 2000; (2) Is in locations or planning areas specified in a particular Notice of OCS Lease Sale; and (3) Is offered subject to a royalty suspension specified in a Notice of OCS Lease Sale published in the Federal Register.

Source

30 CFR § 560.201


Scoping language

None
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