31 C.F.R. § 589.320
Current through October 31, 2024
The term initiated as used in § 589.205(b) means when a government or any of its political subdivisions, agencies, or instrumentalities (including any entity owned or controlled directly or indirectly by any of the foregoing) formally grants exploration, development, or production rights to any party.
31 C.F.R. §589.320