Nevada Administrative Code
Chapter 362 - Taxes on Patented Mines and Proceeds of Minerals
PROCEEDS OF MINERALS
Geothermal Resources
Section 362.362 - "Repowering" defined
Universal Citation: NV Admin Code 362.362
Current through September 16, 2024
"Repowering" means to:
1. Remove any inefficient, obsolete or aging equipment that is used in the production stream of a geothermal resource; and
2. Replace that equipment with any new technology or equipment that increases or may increase the efficiency of the processing of the geothermal resource.
Added to NAC by Tax Comm'n by R012-07, eff. 10-31-2007
NRS 360.090, 362.120
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