Section 585.421 - [Effective until 7/15/2024] How long will a lease or grant suspension be in effect?
A lease or grant suspension will be in effect for the period specified by BOEM.
(a) BOEM will not approve a lease or grant suspension request pursuant to § 585.416 for a period longer than 2 years.(b) If BOEM determines that the circumstances giving rise to a suspension ordered under § 585.417 cannot be resolved within 5 years, the Secretary may initiate cancellation of the lease or grant.