30 U.S.C. § 1713 — Required recordkeeping
submitted 43 years ago by Pub. L. 97-451 to r/title-30-MINERAL-LANDS-AND-MINING · 242 words · no verdicts yet
People involved in handling oil or gas covered by this chapter must keep records, make reports, and provide information reasonably required by the Secretary. They must make those materials available for authorized audits or investigations, and generally keep records for six years or longer if an audit or investigation is ongoing.
(a) Maintenance and availability of records, reports, and information for inspection and duplication. A lessee, operator, or other person directly involved in developing, producing, transporting, buying, or selling oil or gas covered by this chapter, through the first sale or the point of royalty calculation, whichever comes later, must establish and keep records, make reports, and provide information that the Secretary reasonably requires by rule to implement this chapter or determine compliance with its rules or orders. When an officer or employee designated by the Secretary, or a State or Indian tribe conducting an audit or investigation under this chapter, asks, the required records, reports, or information must be available for that officer, employee, State, or tribe to inspect and copy.
(b) Length of time maintenance required. Records about oil and gas leases from Federal or Indian lands or the Outer Continental Shelf must be kept for six years after they are created, unless the Secretary tells the record holder that an audit or investigation involving them has begun and they must be kept longer. If an audit or investigation is underway, the records must be kept until the Secretary releases the holder from that duty.
A lessee, operator, or other person directly involved in developing, producing, transporting, purchasing, or selling oil or gas subject to this chapter through the point of first sale or the point of royalty computation, whichever is later, shall establish and maintain any records, make any reports, and provide any information that the Secretary may, by rule, reasonably require for the purposes of implementing this chapter or determining compliance with rules or orders under this chapter. Upon the request of any officer or employee duly designated by the Secretary or any State or Indian tribe conducting an audit or investigation pursuant to this chapter, the appropriate records, reports, or information which may be required by this section shall be made available for inspection and duplication by such officer or employee, State, or Indian tribe.
Records required by the Secretary with respect to oil and gas leases from Federal or Indian lands or the Outer Continental Shelf shall be maintained for 6 years after the records are generated unless the Secretary notifies the record holder that he has initiated an audit or investigation involving such records and that such records must be maintained for a longer period. In any case when an audit or investigation is underway, records shall be maintained until the Secretary releases the record holder of the obligation to maintain such records.
Source credit: (Pub. L. 97–451, title I, § 103, Jan. 12, 1983, 96 Stat. 2451.)
- 1983Enacted · Pub. L. 97-451 · 96 Stat. 2451
A history note hasn’t been published yet. The record shows enactment by Pub. L. 97-451 on 1983-01-12.
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