11 AAC 25.050 - Voucher for resource inducements
(a) To request an
inducement voucher under
AS
43.90.330, a person must apply for an
inducement voucher on a form provided by the commissioners. No later than 30
days after notice is received, the applicant must provide other documents and
information requested by the commissioners to determine whether the applicant
meets the requirements of AS 43.90 and
11 AAC 25.020. Upon receipt of the
application and other documents and information, the commissioners will make a
joint determination on an application for an inducement voucher, and will issue
an inducement voucher if the application is approved.
(b) To transfer an inducement voucher issued
under (a) of this section, the holder of the voucher and the proposed
transferee must file a joint application on a form provided by the
commissioners. The joint application must include a copy of a binding contract
between the holder and the proposed transferee for the sale and purchase of
North Slope gas produced from a lease. No later than 30 days after notice is
received, the applicants must provide other documents and information requested
by the commissioners to determine whether to approve the transfer under
AS
43.90.330 and
11 AAC 25.020. Upon receipt of the
application and other documents and information, the commissioners will make a
joint determination on the application, and will issue proof of transfer if the
application is approved. A transfer is limited in time and quantity as set out
in AS
43.90.330(c).
Notes
Authority:AS 38.05.020
AS 38.05.180
AS 43.90.310
AS 43.90.330
AS 43.90.410
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