Code of Federal Regulations · Section
§ 1202.553 — How Do I Value My Production If I Take More Than My Entitled Share?
30 C.F.R. § 1202.553
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If you take more than your entitled share of production from a lease in an AFA for any month, you must determine the weighted-average value of all of the production that you take using the procedures in 30 CFR part 1206, and use that value for your entitled share of production.
Authorizing Statute
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Definitions43 U.S.C. § 1301
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Leases of allotted lands for mining purposes25 U.S.C. § 396
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Departmental regulations5 U.S.C. § 301