30 CFR 553.700 – What is the scope of this subpart?
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This subpart sets forth the limit of liability for damages for offshore facilities under Title I of the Oil Pollution Act of 1990, as amended (33 U.S.C. § 2701 et seq.) (OPA), as adjusted, under section 1004(d) of OPA (33 U.S.C. § 2704(d)). This subpart also sets forth the method for adjusting the limit of liability for damages for offshore facilities for inflation, by regulation, under section 1004(d) of OPA (33 U.S.C. § 2704(d)).