FEDERAL · 30 U.S.C. · Chapter 23
Waiver, suspension, or reduction of rental or royalty
Current through Pub. L. 119-99
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.
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30 U.S.C. § 1012 (Waiver, suspension, or reduction of rental or royalty) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Wagner v. Chevron Oil Co.
321 F. Supp. 2d 1195 (D. Nevada, 2004)
Source Credit
History
(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
Editorial Notes
Amendments
2005—Pub. L. 109–58 inserted section catchline.
Amendments
2005—Pub. L. 109–58 inserted section catchline.