GroundRules
15 CFR 971.418: Diligence requirements.
Where this section sits in the code
- Title 15—Commerce and Foreign Trade
- Subtitle B—Regulations Relating to Commerce and Foreign Trade
- CHAPTER IX—NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION, DEPARTMENT OF COMMERCE
- SUBCHAPTER D—GENERAL REGULATIONS OF THE ENVIRONMENTAL DATA SERVICE
- PART 971—DEEP SEABED MINING REGULATIONS FOR COMMERCIAL RECOVERY PERMITS
- Subpart D—Issuance/Transfer: Terms, Conditions and Restrictions
The TCRs in each commercial recovery permit must include provisions to assure diligent development consistent with § 971.503, including a requirement that recovery at commercial scale be underway within ten years from the date of permit issuance unless that deadline is extended by the Administrator for good cause.
Collected 2026-08-27T02:24:24Z. Source file · JSON