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§ 296.1 Purpose.

50 CFR 296.1

Citation50 CFR 296.1
CorpusDaily eCFR
Displayed edition2026-07-01
Last updated2026-07-01

§ 296.1 Purpose.

These regulations implement title IV of the Outer Continental Shelf Lands Act Amendments of 1978, as amended (title IV). Title IV establishes a Fishermen's Contingency Fund to compensate commercial fishermen for damage or loss caused by obstructions associated with oil and gas activities on the Outer Continental Shelf.