Code of Federal Regulations (alpha)

CFR /  Title 30  /  Part 519  /  Sec. 519.415 How will bonus and royalty credits affect revenues allocated

If bonus and royalty credits issued under Section 104(c) of the Gulf of Mexico Energy Security Act are used to pay bonuses or royalties on leases in the 181 Area located in the Eastern Planning Area and the 181 South Area, then there will be a corresponding reduction in qualified OCS revenues available for distribution.