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§585.237 — What is the effective date of a lease?
 
(a)
A lease issued under this part must be dated and becomes effective as of the first day of the month following the date a lease is signed by the lessor.
 
(b)
If the lessee submits a written request and BOEM approves, a lease may be dated and become effective the first day of the month in which it is signed by the lessor.

   Reason: