Title 30Mineral Lands and MiningRelease 119-73

§1423 Records, audits, and public disclosure

Title 30 › Chapter CHAPTER 26— - DEEP SEABED HARD MINERAL RESOURCES › Subchapter SUBCHAPTER I— - REGULATION OF EXPLORATION AND COMMERCIAL RECOVERY BY UNITED STATES CITIZENS › § 1423

Last updated Apr 6, 2026|Official source

Summary

Licensees and permittees must keep accounting records that follow normal accounting rules and the regulations the Administrator sets. The records must show all spending on exploration and commercial recovery, including processing, and any other facts needed for a proper audit. The Administrator and the Comptroller General (or their authorized reps) may examine any books or papers that are needed to check those expenditures. Licensees and permittees also must give the Administrator any data reasonably needed to decide on issuing, revoking, changing, or suspending a license or permit, to meet the reporting rule in section 1469, or to evaluate their work. Copies of records the Administrator keeps that contain required data must be given to anyone who asks, if the request reasonably describes the record and follows the Administrator’s rules on timing, place, and fees (fees may not be more than the direct cost). Information that is barred from disclosure by 18 U.S.C. 1905 cannot be released. Any federal officer or employee who unlawfully discloses such protected information is subject to the penalties in section 1463(b).

Full Legal Text

Title 30, §1423

Mineral Lands and Mining — Source: USLM XML via OLRC

(a)(1)Each licensee and permittee shall keep such records, consistent with standard accounting principles, as the Administrator shall by regulation prescribe. Such records shall include information which will fully disclose expenditures for exploration and commercial recovery, including processing, of hard mineral resources, and such other information as will facilitate an effective audit of such expenditures.
(2)The Administrator and the Comptroller General of the United States, or any of their duly authorized representatives, shall have access, for purposes of audit and examination, to any books, documents, papers, and records of licensees and permittees which are necessary and directly pertinent to verify the expenditures referred to in paragraph (1).
(b)Each licensee and permittee shall be required to submit to the Administrator such data or other information as the Administrator may reasonably need for purposes of making determinations with respect to the issuance, revocation, modification, or suspension of any license or permit; compliance with the reporting requirement contained in section 1469 11 See References in Text note below. of this title; and evaluation of the exploration or commercial recovery activities conducted by the licensee or permittee.
(c)Copies of any document, report, communication, or other record maintained or received by the Administrator containing data or information required under this subchapter shall be made available to any person upon any request which (1) reasonably describes such record and (2) is made in accordance with rules adopted by the Administrator stating the time, place, fees (if any, not to exceed the direct cost of the services rendered), and procedures to be followed, except that neither the Administrator nor any other officer or employee of the United States may disclose any data or information knowingly and willingly required under this subchapter the disclosure of which is prohibited by section 1905 of title 18. Any officer or employee of the United States who discloses data or information in violation of this subsection shall be subject to the penalties set forth in section 1463(b) of this title.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

References in Text

section 1469 of this title, referred to in subsec. (b), was omitted from the Code.

Reference

Citations & Metadata

Citation

30 U.S.C. § 1423

Title 30Mineral Lands and Mining

Last Updated

Apr 6, 2026

Release point: 119-73