(a) For limited leases, the lease terms are as shown in the following table: ------------------------------------------------------------------------
Extension or
(1) Each limited lease has a If we receive a GAP The GAP must meet
preliminary term of 12 that satisfies the the requirements of
months to submit a GAP. The requirements of Sec. Sec.
preliminary term begins on Sec. Sec. 585.640 through
the effective date of the 585.640 through 585.648.
lease. 585.648 of this
part, the
preliminary term
will be
automatically
extended for the
period of time
necessary for us to
conduct a technical
and environmental
review of the plans.(2) Each limited lease has We may order or
an operations term of five grant a suspension
years for conducting site of the operations
assessment, technology term as provided in
testing, or other Sec. Sec.
activities. The operations 585.415 through
term begins on the date 585.421.
that we approve your GAP.------------------------------------------------------------------------
(b) If you do not timely submit a GAP, you may request additional time to extend the preliminary term of your limited lease that includes a revised schedule for submission of a GAP. [76 FR 64623, Oct. 18, 2011, as amended at 79 FR 21622, Apr. 17, 2014]