View all text of Subchapter I [§ 1411 - § 1428]
§ 1423. Records, audits, and public disclosure
(a) Records and audits
(1) Each licensee and permittee shall keep such records, consistent with standard accounting principles, as the Administrator shall by regulation prescribe. Such records shall include information which will fully disclose expenditures for exploration and commercial recovery, including processing, of hard mineral resources, and such other information as will facilitate an effective audit of such expenditures.
(2) The Administrator and the Comptroller General of the United States, or any of their duly authorized representatives, shall have access, for purposes of audit and examination, to any books, documents, papers, and records of licensees and permittees which are necessary and directly pertinent to verify the expenditures referred to in paragraph (1).
(b) Submission of data and information
(c) Public disclosure
(Pub. L. 96–283, title I, § 113, June 28, 1980, 94 Stat. 571.)