30 CFR 1220.022 - Calculation of net profit share payment.

Regulations last checked for updates: Nov 22, 2024

Title 30 - Mineral Resources last revised: Nov 19, 2024

View all text of Part 1220 [§ 1220.001 - § 1220.034]

§ 1220.022 - Calculation of net profit share payment.

The net profit share payment shall be calculated by multiplying the net profit share base calculated in accordance with § 1220.021 by the net profit share rate. The net profit share payment shall be paid to the United States in accordance with § 1220.031.

[45 FR 36800, May 30, 1980, as amended at 75 FR 61087, Oct. 4, 2010]

authority: Sec. 205, Pub. L. 95-372, 92 Stat. 643 (43 U.S.C. 1337)

source: 45 FR 36800, May 30, 1980, unless otherwise noted. Redesignated at 48 FR 1182, Jan. 11, 1983, and further redesignated at 48 FR 35642, Aug. 5, 1983, 75 FR 61087, Oct. 4, 2010.

cite as: 30 CFR 1220.022