30 U.S.C. § 1012

§1012. Waiver, suspension, or reduction of rental or royalty

Edition 2024

U.S.C. Title 30 - MINERAL LANDS AND MINING
30 U.S.C.

United States Code, 2024 Edition

Title 30 - MINERAL LANDS AND MINING

CHAPTER 23 - GEOTHERMAL RESOURCES

Sec. 1012 - Waiver, suspension, or reduction of rental or royalty

From the U.S. Government Publishing Office, www.gpo.gov

§1012. Waiver, suspension, or reduction of rental or royalty

The Secretary may waive, suspend, or reduce the rental or royalty for any lease or portion thereof in the interests of conservation and to encourage the greatest ultimate recovery of geothermal resources, if he determines that this is necessary to promote development or that the lease cannot be successfully operated under the lease terms.

(Pub. L. 91–581, §13, Dec. 24, 1970, 84 Stat. 1570; Pub. L. 109–58, title II, §236(13), Aug. 8, 2005, 119 Stat. 672.)

Editorial Notes

Amendments
2005—Pub. L. 109–58 inserted section catchline.

Official source