payment

(C)the term “payment”— (i)means a payment that is— (I)made to further the commercial development of oil, natural gas, or minerals; and (II)not de minimis; and (ii)includes taxes, royalties, fees (including license fees), production entitlements, bonuses, and other material benefits, that the Commission, consistent with the guidelines of the Extractive Industries Transparency Initiative (to the extent practicable), determines are part of the commonly recognized revenue stream for the commercial development of oil, natural gas, or minerals;

Source

15 USC § 78m(q)(1)(C)


Scoping language

None: Default is title Scope
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