Regulations Governing Recoupment of Overpayments on Indian Mineral Leases
oil-gas-leasing · Bureau of Land Management · Published 1995-01-13 · Effective 1995-02-13 · 60 FR 3085
Document
Document number
95-854
Federal Register citation
60 FR 3085
CFR reference
30 CFR 218
Type
Rule
Action
Final rule.
Category
oil-gas-leasing
Sub-agency
Bureau of Land Management
Publication date
1995-01-13
Effective date
1995-02-13
Abstract
The Minerals Management Service (MMS) is amending its Royalty Management Program regulations to codify longstanding policy with respect to recoupment of overpayments made by lessees and other payors on Indian mineral leases. The established policy is that recoupments cannot exceed 50 percent of the reported revenues in the current month on an allotted lease or 100 percent of the reported revenues in the current month on a tribal lease.