offshore lease sale
Defined in 1 dictionary — U.S. Code
United States Code
43 U.S.C. § 3006 — in this section (2 versions over time)
The term “offshore lease sale” means an oil and gas lease sale—
(A) that is held by the Secretary in accordance with the Outer Continental Shelf Lands Act (43 U.S.C. 1331 et seq.); and
(B) that, if any acceptable bids have been received for any tract offered in the lease sale, results in the issuance of a lease.