Mont. Admin. r. 17.80.206

Current through Register Vol. 23, December 6, 2024
Rule 17.80.206 - CLOSED-LOOP ENHANCED OIL RECOVERY OPERATION EQUIPMENT COMPLIANCE DEMONSTRATION
(1) If a taxpayer, who receives certification by the department of equipment used in a closed-loop enhanced oil recovery operation, does not substantially comply with the requirements specified in each underground injection control permit, issued by the Montana Board of Oil and Gas Conservation for the operation, or specified in the applicable rules adopted by the Montana Board of Oil and Gas Conservation, the department may revoke the certification.
(2) If monitoring of a closed-loop enhanced oil recovery operation demonstrates that the equipment fails to maintain substantial compliance with eligibility requirements for tax classification or abatement, the department may revoke the certificate of eligibility, or a portion of the certificate of eligibility.

Mont. Admin. r. 17.80.206

NEW, 2011 MAR p. 233, Eff. 2/25/11.

15-24-3116, MCA; IMP, 15-24-3112, MCA;