1. Regulations
  2. title 30
  3. chapter V
  4. part 556
  5. subpart E
  6. subjgrp 247
  7. § 556.515

View all text of Subjgrp 247 [§ 556.511 - § 556.515]

§ 556.515 - May a person be exempted from joint bidding restrictions?

BOEM may exempt you from some or all of the reporting requirements listed in § 556.513, and/or some or all of the joint bidding restrictions listed in §§ 556.511 and/or 556.512(a), (b), and/or (c), if, after opportunity for a hearing, BOEM determines that the extremely high costs in an area will preclude exploration and development without an exemption.

AUTHORITY: 31 U.S.C. 9701; 42 U.S.C. 6213; 43 U.S.C. 1334.

SOURCE: 81 FR 18152, Mar. 30, 2016, unless otherwise noted.

CITE AS: 30 CFR 556.515