060-25 Wyo. Code R. § 25-14 - Field Audits
(a) The Wyoming
Department of Audit, the Director, or the duly authorized representative of
either shall have the right at reasonable times and intervals to audit the
books and records of any sand and gravel, borrow material, and rip-rap rock or
operator on state lands and to inspect the leased premises and conduct field
audits for the purpose of determining compliance with this chapter or the terms
of the lease.
(b) Any and all
parties producing, selling, transporting, and purchasing state lands royalty
interest shall retain their records for six (6) years from the date of sale
reporting as due under this chapter for any production from or allocated to
state lands for all periods ending after January 1, 2000.
(c) Absent state lessee or operator
production sales reporting as required in this subsection, the state's sand and
gravel, borrow material, and rip-rap rock lessee shall only sell or deliver any
leased substance to any person who agrees:
(i) To file reports with the Office stating
the price, quantity, origin, and disposition of all production purchased from a
state lease; and
(ii) To allow an
audit as provided for in this section.
Notes
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