Code of Federal Regulations · Section
§ 581.29 — Royalty Valuation
30 C.F.R. § 581.29
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Unless stated otherwise in the leasing notice and subsequently issued lease, product valuation will be in accordance with the regulations in part 1206 of chapter XII. The value used in the computation of royalty shall be determined by the Director of the Office of Natural Resources Revenue.
Authorizing Statute
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Leases, easements, and rights-of-way on the outer Continental Shelf43 U.S.C. § 1337
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Secretarial authority30 U.S.C. § 1751
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Limits on liability33 U.S.C. § 2704
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Definitions43 U.S.C. § 1331
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Administration of leasing43 U.S.C. § 1334
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Deposit of royalty funds to Indian accounts30 U.S.C. § 1714
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Fees and charges for Government services and things of value31 U.S.C. § 9701