11 AAC 85.240 - Rental and royalty relief

(a) An application under AS 38.05.140(d) for reduction of the lease royalty, or for a waiver, suspension, refund, or reduction of the rental, must be filed in accordance with 11 AAC 82.665.
(b) For the purposes of this section and AS 38.05.140(d), "royalty" includes net profit share payments.

Notes

11 AAC 85.240
Eff. 6/18/82, Register 82

Authority:AS 38.05.020

AS 38.05.140

AS 38.05.145

AS 38.05.150

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